Avaii Wealth Management LLC Acquires 8,421 Shares of Ford Motor (NYSE:F)

Avaii Wealth Management LLC boosted its stake in Ford Motor (NYSE:F) by 79.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,029 shares of the auto manufacturer’s stock after acquiring an additional 8,421 shares during the period. Avaii Wealth Management LLC’s holdings in Ford Motor were worth $188,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. boosted its position in shares of Ford Motor by 4.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after purchasing an additional 5,270,562 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Ford Motor by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after buying an additional 1,336,676 shares in the last quarter. Legal & General Group Plc grew its position in shares of Ford Motor by 1.0% in the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock worth $399,066,000 after buying an additional 318,715 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock worth $257,108,000 after acquiring an additional 636,330 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after acquiring an additional 6,348,185 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

F has been the subject of a number of analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Finally, The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $11.82.

Ford Motor Stock Down 0.4 %

Shares of Ford Motor stock opened at $10.12 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a market cap of $40.20 billion, a price-to-earnings ratio of 11.49, a price-to-earnings-growth ratio of 1.93 and a beta of 1.64. The company’s 50 day moving average is $10.29 and its 200 day moving average is $10.84.

Ford Motor (NYSE:F) last released its quarterly 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 return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period last year, the business posted $0.39 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Research analysts anticipate that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.93%. Ford Motor’s dividend payout ratio is currently 68.18%.

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.