VSM Wealth Advisory LLC Invests $36,000 in Ford Motor (NYSE:F)

VSM Wealth Advisory LLC bought a new stake in Ford Motor (NYSE:F) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,659 shares of the auto manufacturer’s stock, valued at approximately $36,000.

Several other hedge funds have also bought and sold shares of F. Hager Investment Management Services LLC purchased a new position in shares of Ford Motor in the 4th quarter worth about $26,000. Bank of Jackson Hole Trust bought a new stake in Ford Motor in the 4th quarter worth approximately $29,000. Flagship Wealth Advisors LLC purchased a new stake in Ford Motor in the fourth quarter worth approximately $30,000. Kentucky Trust Co bought a new position in Ford Motor during the fourth quarter valued at approximately $31,000. Finally, Crewe Advisors LLC raised its stake in shares of Ford Motor by 169.9% during the fourth 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 in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. TD Cowen started coverage on shares of Ford Motor in a research note on Friday, March 7th. They issued a “hold” rating and a $10.00 price objective for the company. Royal Bank of Canada reduced their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Wells Fargo & Company dropped their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $11.68.

Ford Motor Stock Up 2.3 %

Shares of Ford Motor stock opened at $10.18 on Thursday. The company’s fifty day simple moving average is $9.72 and its two-hundred day simple moving average is $10.31. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The company has a market cap of $40.33 billion, a P/E ratio of 6.97, a PEG ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. Research analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is presently 41.10%.

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.