20,007 Shares in Ford Motor (NYSE:F) Purchased by ARS Wealth Advisors Group LLC

ARS Wealth Advisors Group LLC acquired a new stake in shares of Ford Motor (NYSE:F) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,007 shares of the auto manufacturer’s stock, valued at approximately $198,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of F. Thoroughbred Financial Services LLC increased its stake in shares of Ford Motor by 8.0% in the second quarter. Thoroughbred Financial Services LLC now owns 16,130 shares of the auto manufacturer’s stock worth $202,000 after buying an additional 1,192 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in Ford Motor by 369.5% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 43,829 shares of the auto manufacturer’s stock worth $550,000 after acquiring an additional 34,493 shares in the last quarter. Citizens Financial Group Inc. RI bought a new stake in shares of Ford Motor in the 2nd quarter worth about $156,000. Renaissance Technologies LLC raised its stake in shares of Ford Motor by 8.5% in the 2nd quarter. Renaissance Technologies LLC now owns 3,565,409 shares of the auto manufacturer’s stock valued at $44,710,000 after purchasing an additional 278,700 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its position in shares of Ford Motor by 18.4% during the second quarter. Moors & Cabot Inc. now owns 93,864 shares of the auto manufacturer’s stock worth $1,177,000 after purchasing an additional 14,561 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $11.83.

Ford Motor Price Performance

NYSE F opened at $9.96 on Thursday. The company has a 50-day moving average price of $10.44 and a two-hundred day moving average price of $10.97. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The stock has a market cap of $39.58 billion, a price-to-earnings ratio of 11.32, a price-to-earnings-growth ratio of 1.89 and a beta of 1.64. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.39 EPS. Analysts forecast that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 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.