Laurel Wealth Advisors LLC Raises Stake in Ford Motor (NYSE:F)

Laurel Wealth Advisors LLC grew its holdings in Ford Motor (NYSE:F) by 38.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 4,746 shares of the auto manufacturer’s stock after buying an additional 1,313 shares during the period. Laurel Wealth Advisors LLC’s holdings in Ford Motor were worth $47,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. San Luis Wealth Advisors LLC lifted its holdings in shares of Ford Motor by 45.6% during the fourth quarter. San Luis Wealth Advisors LLC now owns 72,273 shares of the auto manufacturer’s stock worth $716,000 after purchasing an additional 22,639 shares during the period. Fifth Third Wealth Advisors LLC raised its position in Ford Motor by 2.7% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 79,744 shares of the auto manufacturer’s stock worth $789,000 after buying an additional 2,075 shares during the last quarter. Pines Wealth Management LLC purchased a new position in Ford Motor during the 4th quarter worth $326,000. MRA Advisory Group acquired a new stake in shares of Ford Motor in the 4th quarter worth $126,000. Finally, Signal Advisors Wealth LLC boosted its holdings in shares of Ford Motor by 17.0% in the fourth quarter. Signal Advisors Wealth LLC now owns 97,711 shares of the auto manufacturer’s stock valued at $967,000 after acquiring an additional 14,195 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 1.8 %

NYSE:F opened at $9.96 on Thursday. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a fifty day simple moving average of $10.44 and a 200-day simple moving average of $10.97. The company has a market capitalization of $39.58 billion, a PE ratio of 11.32, a price-to-earnings-growth ratio of 1.89 and a beta of 1.64.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the previous year, the business posted $0.39 earnings per share. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, equities research analysts expect that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is currently 68.18%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on F shares. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft decreased their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $11.83.

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.