MRA Advisory Group Makes New Investment in Ford Motor (NYSE:F)

MRA Advisory Group bought a new position in Ford Motor (NYSE:F) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 12,714 shares of the auto manufacturer’s stock, valued at approximately $126,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Signal Advisors Wealth LLC boosted its stake in shares of Ford Motor by 17.0% during the fourth quarter. Signal Advisors Wealth LLC now owns 97,711 shares of the auto manufacturer’s stock valued at $967,000 after purchasing an additional 14,195 shares in the last quarter. Arbor Wealth Advisors LLC boosted its position in Ford Motor by 79.3% during the 4th quarter. Arbor Wealth Advisors LLC now owns 37,219 shares of the auto manufacturer’s stock valued at $368,000 after acquiring an additional 16,456 shares in the last quarter. Grandview Asset Management LLC purchased a new position in shares of Ford Motor in the 4th quarter valued at $269,000. Pallas Capital Advisors LLC raised its position in shares of Ford Motor by 23.7% in the 4th quarter. Pallas Capital Advisors LLC now owns 26,017 shares of the auto manufacturer’s stock worth $258,000 after acquiring an additional 4,984 shares in the last quarter. Finally, Miracle Mile Advisors LLC lifted its stake in shares of Ford Motor by 253.7% during the 4th quarter. Miracle Mile Advisors LLC now owns 517,822 shares of the auto manufacturer’s stock worth $5,126,000 after purchasing an additional 371,436 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE F opened at $9.71 on Tuesday. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The business’s 50 day moving average price is $10.46 and its 200 day moving average price is $10.99. 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 firm has a market cap of $38.59 billion, a P/E ratio of 11.03, a P/E/G ratio of 1.89 and a beta of 1.64.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 EPS. On average, sell-side analysts expect that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.18%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analyst Upgrades and Downgrades

F has been the subject of a number of recent research reports. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Barclays decreased their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price 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. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.83.

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.