180 Wealth Advisors LLC, a well-known financial investment firm, has significantly reduced its stake in Ford Motor Company. 180 Wealth Advisors LLC sold 21,762 Ford Motor shares in his fourth quarter of 2020, resulting in a 32.5% reduction in his overall holdings, according to the latest disclosure to the Securities and Exchange Commission. It has been. The company is said to currently own only 45,253 shares worth $585,000 at the end of the quarter.
In addition, it was announced that Ford Motor will pay a dividend on June 15th this year. Shareholders of record as of April 26 will receive a dividend of $0.15 per share. This equates to an annualized dividend of $0.60 and a yield of 4.71% for him. However, investors should be aware that Ford Motor’s payout ratio currently stands at -117.65%. This indicates that the dividend payout ratio is higher than the earnings.
As for the research firm’s opinion on Ford Motor’s investment, several reports were recently released on the company’s position in the stock market. Some companies lowered their price targets, while others assigned ratings such as ‘sell’, ‘hold’ and ‘buy’. Benchmark gave Ford Motor a ‘buy’ rating, setting his previously set price target at $21.00 to $19.00. JPMorgan Chase & Co. also issued an “overweight” rating, but its price target was lowered from $16.00 to $15.00. Barclays gave him an “equal-weighted” rating and set a price target on the automaker’s stock at his $13.00. Deutsche Bank Aktiengesellschaft cut Ford Motor’s rating from ‘hold’ to ‘sell’ and lowered its target price from $13.00 to $11.00. Morgan Stanley lowered its price target from $15.00 to $14.00, but overvalued Ford.
In summary, given the significant decline in 180 Wealth Advisors LLC’s stock, the report’s lower price target on Ford Motor stock, and the dividend payout that outperforms earnings, some investors have pulled back on the automaker. is a matter of course. Nevertheless, investors should critically analyze all factors before making an investment decision to avoid disappointing results.
Recent investment and trading activity in Ford Motor Company stock by institutional investors
Recently, the buying and selling of Ford Motor stock by institutional investors has been in the news. Vanguard Group, Snider Financial Group, Fisher Asset Management LLC, Dimensional Fund Advisors LP, and Charles Schwab Investment Management Inc. are among the various investors who have recently made significant investments in the company. Interestingly, almost half of the company’s shares are now owned by hedge funds and institutional investors.
In related news, CEO James D. Farley Jr. sold 79,921 shares at $12.86 per share and CFO John T. Lawler sold 29,821 shares at an average of $13.07 per share each on Friday, March 3. Did.
The quarterly dividend to shareholders of record on Wednesday, April 26 was $0.15 per share paid on Thursday, June 15, yielding 4.71%. The dividend on an annual basis is $0.60 and the payout percentage is not disclosed.
Ford Motor shares closed at $12.73 on Wednesday. The quick ratio is 1:20 and the 200 moving average is &12:67.
The automaker reported first-quarter earnings per share (EPS) results on Thursday, February 2nd. It lagged consensus estimates, according to analysts’ research report, amid a negative net profit ($4.18 billion to analyst estimates). EPS was below expectations ($0:51), but nearly 20% compared to the same period last year, which delivered a positive return on equity (ROE) of 17:45%. Based on valuation data to date, the researchers expect Ford Motor to book his EPS of 1:5 during the current fiscal year, and so far, quarterly third-quarter earnings. It reveals a mix of revenue to revenue for the first quarter.