Arbor Wealth Advisors LLC Has $368,000 Stake in Ford Motor (NYSE:F)

Arbor Wealth Advisors LLC grew its holdings in Ford Motor (NYSE:F) by 79.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 37,219 shares of the auto manufacturer’s stock after buying an additional 16,456 shares during the quarter. Arbor Wealth Advisors LLC’s holdings in Ford Motor were worth $368,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Grandview Asset Management LLC acquired a new stake in Ford Motor in the fourth quarter worth about $269,000. Pallas Capital Advisors LLC boosted its holdings in Ford Motor by 23.7% during the fourth quarter. Pallas Capital Advisors LLC now owns 26,017 shares of the auto manufacturer’s stock worth $258,000 after buying an additional 4,984 shares during the last quarter. Miracle Mile Advisors LLC raised its position in shares of Ford Motor by 253.7% in the 4th quarter. Miracle Mile Advisors LLC now owns 517,822 shares of the auto manufacturer’s stock valued at $5,126,000 after acquiring an additional 371,436 shares during the period. Elevated Capital Advisors LLC raised its holdings in shares of Ford Motor by 4.7% during the fourth quarter. Elevated Capital Advisors LLC now owns 72,505 shares of the auto manufacturer’s stock worth $718,000 after acquiring an additional 3,268 shares during the period. Finally, Future Financial Wealth Managment LLC increased its holdings in Ford Motor by 4.0% during the 4th quarter. Future Financial Wealth Managment LLC now owns 33,794 shares of the auto manufacturer’s stock worth $335,000 after purchasing an additional 1,308 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on F. Deutsche Bank Aktiengesellschaft decreased their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. 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 report on Monday, December 16th. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Barclays dropped their target price 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, The Goldman Sachs Group upgraded shares of 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 report on Tuesday, October 1st. Four analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.83.

Ford Motor Trading Up 0.6 %

Shares of F stock opened at $9.71 on Tuesday. The company has a market capitalization of $38.59 billion, a price-to-earnings ratio of 11.03, a PEG ratio of 1.89 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a 50-day simple moving average of $10.46 and a two-hundred day simple moving average of $10.99.

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 analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the business posted $0.39 earnings per share. Research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

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

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.