Centennial Wealth Advisory LLC Has $529,000 Stock Position in Ford Motor Company (NYSE:F)

Centennial Wealth Advisory LLC increased its position in shares of Ford Motor Company (NYSE:F) by 3.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,766 shares of the auto manufacturer’s stock after purchasing an additional 1,662 shares during the period. Centennial Wealth Advisory LLC’s holdings in Ford Motor were worth $529,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Grove Bank & Trust increased its holdings in Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,882 shares during the period. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor in the 4th quarter worth approximately $29,000. Flagship Wealth Advisors LLC bought a new position in shares of Ford Motor during the 4th quarter worth approximately $30,000. Spurstone Advisory Services LLC acquired a new stake in Ford Motor in the 4th quarter valued at $31,000. Finally, Wood Tarver Financial Group LLC bought a new stake in Ford Motor in the fourth quarter valued at $31,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Citigroup lifted their price objective on Ford Motor from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, May 7th. The Goldman Sachs Group increased their target price on shares of Ford Motor from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 6th. UBS Group cut their price target on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, April 10th. TD Cowen started coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 price objective on the stock. Finally, Wolfe Research raised shares of Ford Motor from an “underperform” rating to a “peer perform” rating in a report on Wednesday, April 30th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.03.

Ford Motor Stock Up 0.0%

Shares of F opened at $10.43 on Thursday. The business’s fifty day moving average price is $10.20 and its two-hundred day moving average price is $9.97. The firm has a market capitalization of $41.46 billion, a price-to-earnings ratio of 8.34, a PEG ratio of 0.89 and a beta of 1.50. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $14.85. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.16. The business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The firm’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 earnings per share. On average, analysts predict that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor’s dividend payout ratio (DPR) is 48.00%.

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.