Future Financial Wealth Managment LLC Acquires 1,308 Shares of Ford Motor (NYSE:F)

Future Financial Wealth Managment LLC increased its holdings in shares of Ford Motor (NYSE:F) by 4.0% during the 4th quarter, HoldingsChannel reports. The fund owned 33,794 shares of the auto manufacturer’s stock after buying an additional 1,308 shares during the period. Future Financial Wealth Managment LLC’s holdings in Ford Motor were worth $335,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Los Angeles Capital Management LLC raised its holdings in shares of Ford Motor by 53.6% during the second quarter. Los Angeles Capital Management LLC now owns 31,510 shares of the auto manufacturer’s stock valued at $395,000 after purchasing an additional 10,999 shares during the last quarter. Thoroughbred Financial Services LLC increased its holdings in Ford Motor by 8.0% during the second quarter. Thoroughbred Financial Services LLC now owns 16,130 shares of the auto manufacturer’s stock valued at $202,000 after buying an additional 1,192 shares during the last quarter. Wealthspire Advisors LLC increased its holdings in Ford Motor by 39.8% during the second quarter. Wealthspire Advisors LLC now owns 199,869 shares of the auto manufacturer’s stock valued at $2,506,000 after buying an additional 56,885 shares during the last quarter. Element Capital Management LLC purchased a new stake in Ford Motor during the second quarter valued at approximately $164,000. Finally, Plato Investment Management Ltd increased its holdings in Ford Motor by 2.5% during the second quarter. Plato Investment Management Ltd now owns 118,008 shares of the auto manufacturer’s stock valued at $1,480,000 after buying an additional 2,836 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. 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. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average price target of $11.83.

Ford Motor Trading Up 0.1 %

Shares of Ford Motor stock traded up $0.01 during trading on Monday, hitting $9.66. The stock had a trading volume of 45,161,302 shares, compared to its average volume of 64,357,680. The firm’s fifty day simple moving average is $10.47 and its 200-day simple moving average is $11.01. The stock has a market cap of $38.39 billion, a PE ratio of 10.98, a PEG ratio of 1.89 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $0.39 EPS. As a group, sell-side analysts expect that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 6.21%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Ford Motor Company 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.