Uniting Wealth Partners LLC Invests $148,000 in Ford Motor (NYSE:F)

Uniting Wealth Partners LLC purchased a new stake in Ford Motor (NYSE:F) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 14,927 shares of the auto manufacturer’s stock, valued at approximately $148,000.

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

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Bank of America reduced their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Royal Bank of Canada decreased their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. BNP Paribas upgraded Ford Motor to a “hold” rating in a report on Monday, February 10th. TD Cowen initiated coverage on shares of Ford Motor in a research report on Friday, March 7th. They issued a “hold” rating and a $10.00 target price on the stock. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $11.37.

Ford Motor Trading Up 2.0 %

Shares of NYSE F opened at $10.14 on Thursday. The company has a 50-day moving average of $9.74 and a two-hundred day moving average of $10.27. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85. 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 company has a market cap of $40.19 billion, a PE ratio of 6.95, a P/E/G ratio of 0.61 and a beta of 1.59.

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

Ford Motor Announces Dividend

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