Ford Motor (NYSE:F) Shares Bought by Bridgewealth Advisory Group LLC

Bridgewealth Advisory Group LLC lifted its stake in Ford Motor (NYSE:F) by 7.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,019 shares of the auto manufacturer’s stock after buying an additional 1,243 shares during the period. Bridgewealth Advisory Group LLC’s holdings in Ford Motor were worth $159,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Hager Investment Management Services LLC purchased a new position in Ford Motor in the 4th quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor during the fourth quarter worth $29,000. Flagship Wealth Advisors LLC acquired a new position in shares of Ford Motor during the fourth quarter worth $30,000. Kentucky Trust Co purchased a new position in shares of Ford Motor in the fourth quarter valued at $31,000. Finally, Crewe Advisors LLC grew 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 purchasing an additional 2,068 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 1.4 %

NYSE F opened at $10.16 on Wednesday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a one year low of $8.44 and a one year high of $14.85. The company has a 50-day simple moving average of $9.67 and a 200-day simple moving average of $10.10. The firm has a market capitalization of $40.27 billion, a PE ratio of 6.96, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41.

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

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date is Monday, May 12th. Ford Motor’s payout ratio is 41.10%.

Wall Street Analyst Weigh In

A number of brokerages have commented on F. Citigroup initiated coverage on shares of Ford Motor in a report on Wednesday, April 23rd. They issued a “neutral” rating and a $10.00 price objective on the stock. Royal Bank of Canada cut their price target 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. JPMorgan Chase & Co. lowered their price objective on Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. Sanford C. Bernstein lowered Ford Motor from a “market perform” rating to an “underperform” rating and cut their target price for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Finally, Evercore ISI decreased 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. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average price target of $9.77.

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.