Transcend Capital Advisors LLC Boosts Stock Holdings in Ford Motor (NYSE:F)

Transcend Capital Advisors LLC raised its holdings in shares of Ford Motor (NYSE:F) by 26.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,611 shares of the auto manufacturer’s stock after purchasing an additional 8,538 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Ford Motor were worth $402,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of F. Hager Investment Management Services LLC bought a new position in Ford Motor during the fourth quarter valued at $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor during the fourth quarter valued at $29,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the 4th quarter worth about $31,000. Reston Wealth Management LLC bought a new stake in shares of Ford Motor in the 3rd quarter worth about $33,000. Finally, Crewe Advisors LLC lifted its holdings in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after acquiring an additional 2,068 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 1.1 %

NYSE F opened at $9.29 on Monday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market capitalization of $36.80 billion, a price-to-earnings ratio of 6.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company’s 50-day simple moving average is $9.81 and its two-hundred day simple moving average is $10.44. Ford Motor has a one year low of $9.10 and a one year high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on F shares. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Royal Bank of Canada lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Evercore ISI lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $11.89.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.