RFG Bristol Wealth Advisors LLC Purchases New Position in Ford Motor (NYSE:F)

RFG Bristol Wealth Advisors LLC acquired a new position in shares of Ford Motor (NYSE:F) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,832 shares of the auto manufacturer’s stock, valued at approximately $137,000.

Other institutional investors also recently modified their holdings of the company. Public Sector Pension Investment Board increased its position in Ford Motor by 9.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 167,712 shares of the auto manufacturer’s stock valued at $1,771,000 after acquiring an additional 14,600 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Ford Motor by 4.3% in the third quarter. Rockefeller Capital Management L.P. now owns 270,298 shares of the auto manufacturer’s stock valued at $2,864,000 after purchasing an additional 11,248 shares in the last quarter. Captrust Financial Advisors raised its position in Ford Motor by 7.4% in the 3rd quarter. Captrust Financial Advisors now owns 345,362 shares of the auto manufacturer’s stock worth $3,647,000 after purchasing an additional 23,717 shares during the last quarter. Erste Asset Management GmbH acquired a new position in Ford Motor during the 3rd quarter worth $1,563,000. Finally, Benjamin Edwards Inc. boosted its position in Ford Motor by 2,092.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 98,959 shares of the auto manufacturer’s stock valued at $1,045,000 after buying an additional 94,446 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the subject of a number of recent research reports. JPMorgan Chase & Co. dropped their target price on Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Evercore ISI dropped their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Wells Fargo & Company dropped their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Finally, Royal Bank of Canada dropped 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 research report on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $11.37.

Ford Motor Stock Up 2.0 %

Ford Motor stock opened at $10.14 on Thursday. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a 50 day moving average of $9.74 and a 200-day moving average of $10.27. The stock has a market capitalization of $40.19 billion, a PE ratio of 6.95, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last released its 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 return on equity of 16.88% and a net margin of 3.18%. On average, equities research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.92%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

Ford Motor 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.