Fifth Third Wealth Advisors LLC boosted its stake in shares of Ford Motor (NYSE:F – Free Report) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,744 shares of the auto manufacturer’s stock after purchasing an additional 2,075 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Ford Motor were worth $789,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quarry LP purchased a new position in Ford Motor in the second quarter worth about $27,000. Kimelman & Baird LLC purchased a new position in shares of Ford Motor in the second quarter worth approximately $30,000. Reston Wealth Management LLC bought a new stake in Ford Motor during the third quarter valued at approximately $33,000. Access Investment Management LLC purchased a new stake in Ford Motor during the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC bought a new position in Ford Motor in the fourth quarter worth approximately $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on F shares. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Barclays decreased their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus target price of $11.83.
Ford Motor Stock Performance
Shares of NYSE F opened at $10.01 on Friday. The company has a market cap of $39.76 billion, a P/E ratio of 11.37, a P/E/G ratio of 1.86 and a beta of 1.64. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm’s fifty day moving average is $10.42 and its two-hundred day moving average is $10.96.
Ford Motor (NYSE:F – Get Free Report) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same period in the previous year, the firm posted $0.39 earnings per share. The business’s revenue was up 5.5% compared to the same quarter last year. As a group, analysts anticipate that Ford Motor will post 1.77 EPS for the current fiscal year.
Ford Motor Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.00%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.
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.
Recommended Stories
- Five stocks we like better than Ford Motor
- How to Choose Top Rated Stocks
- Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?
- 3 Small Caps With Big Return Potential
- UnitedHealth Group Pulls Back Into Another Healthy Opportunity
- How to Invest in Insurance Companies: A GuideĀ
- Micron Technology: Riding the AI Wave to Long-Term Growth
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.