OneAscent Financial Services LLC Grows Stock Holdings in Ford Motor (NYSE:F)

OneAscent Financial Services LLC lifted its position in Ford Motor (NYSE:F) by 14.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,260 shares of the auto manufacturer’s stock after purchasing an additional 7,655 shares during the quarter. OneAscent Financial Services LLC’s holdings in Ford Motor were worth $587,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new position in Ford Motor in the 4th quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the fourth quarter valued at about $29,000. Flagship Wealth Advisors LLC purchased a new position in shares of Ford Motor in the fourth quarter worth about $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the 4th quarter valued at about $31,000. Finally, Crewe Advisors LLC boosted its holdings in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $10.14 on Thursday. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. The firm has a market capitalization of $40.19 billion, a P/E ratio of 6.95, a P/E/G ratio of 0.61 and a beta of 1.59. 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 business has a fifty day simple moving average of $9.74 and a two-hundred day simple moving average of $10.27.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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%. On average, equities analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.92%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Analysts Set New Price Targets

A number of equities analysts have commented on F shares. Bank of America decreased 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. JPMorgan Chase & Co. lowered their price target on shares of Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. Evercore ISI dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. TD Cowen started coverage on shares of Ford Motor in a research report on Friday, March 7th. They issued a “hold” rating and a $10.00 price objective on the stock. Finally, Piper Sandler dropped their target price on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $11.37.

About Ford Motor

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.