Rooted Wealth Advisors Inc. Purchases New Shares in Ford Motor (NYSE:F)

Rooted Wealth Advisors Inc. acquired a new position in Ford Motor (NYSE:F) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 21,917 shares of the auto manufacturer’s stock, valued at approximately $214,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Exchange Traded Concepts LLC boosted its position in shares of Ford Motor by 250.5% during the third quarter. Exchange Traded Concepts LLC now owns 31,208 shares of the auto manufacturer’s stock valued at $330,000 after purchasing an additional 22,305 shares in the last quarter. Swedbank AB lifted its position in Ford Motor by 13.5% during the third quarter. Swedbank AB now owns 942,663 shares of the auto manufacturer’s stock valued at $9,955,000 after buying an additional 112,066 shares during the period. Magnus Financial Group LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at $160,000. Vontobel Holding Ltd. grew its position in shares of Ford Motor by 37.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 180,619 shares of the auto manufacturer’s stock worth $1,907,000 after buying an additional 49,191 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC increased its stake in shares of Ford Motor by 6.0% in the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 123,523 shares of the auto manufacturer’s stock worth $1,304,000 after acquiring an additional 7,021 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

F stock opened at $9.37 on Friday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. Ford Motor has a 1 year low of $9.10 and a 1 year high of $14.85. The company has a market cap of $37.22 billion, a P/E ratio of 6.41, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The stock’s fifty day moving average price is $9.97 and its 200-day moving average price is $10.49.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate 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 1.7 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.41%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent research reports. Wells Fargo & Company cut their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Bank of America reduced their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Royal Bank of Canada dropped their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft reduced their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $11.89.

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.