OneAscent Wealth Management LLC Increases Stock Holdings in Ford Motor (NYSE:F)

OneAscent Wealth Management LLC increased its holdings in Ford Motor (NYSE:F) by 16.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,266 shares of the auto manufacturer’s stock after buying an additional 4,267 shares during the period. OneAscent Wealth Management LLC’s holdings in Ford Motor were worth $300,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Allstate Corp acquired a new stake in Ford Motor during the 4th quarter valued at $1,150,000. Maridea Wealth Management LLC acquired a new stake in shares of Ford Motor during the fourth quarter valued at $140,000. RiverFront Investment Group LLC increased its position in Ford Motor by 10.6% during the 4th quarter. RiverFront Investment Group LLC now owns 22,023 shares of the auto manufacturer’s stock worth $218,000 after purchasing an additional 2,116 shares in the last quarter. Pictet Asset Management Holding SA raised its stake in Ford Motor by 0.7% in the 4th quarter. Pictet Asset Management Holding SA now owns 1,803,944 shares of the auto manufacturer’s stock valued at $17,859,000 after purchasing an additional 11,867 shares during the last quarter. Finally, New Age Alpha Advisors LLC lifted its holdings in Ford Motor by 174.8% in the 4th quarter. New Age Alpha Advisors LLC now owns 298,126 shares of the auto manufacturer’s stock valued at $2,951,000 after purchasing an additional 189,626 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Down 1.8 %

Shares of Ford Motor stock opened at $9.73 on Friday. The company has a fifty day moving average price of $9.75 and a 200 day moving average price of $10.28. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85. The stock has a market cap of $38.54 billion, a price-to-earnings ratio of 6.66, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

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

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.17%. Ford Motor’s payout ratio is currently 41.10%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on F shares. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Bank of America reduced their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, Evercore ISI lowered their price target 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. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.37.

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.