Ford Motor (NYSE:F) Shares Purchased by Allworth Financial LP

Allworth Financial LP boosted its holdings in shares of Ford Motor (NYSE:F) by 8.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 164,760 shares of the auto manufacturer’s stock after acquiring an additional 12,919 shares during the quarter. Allworth Financial LP’s holdings in Ford Motor were worth $1,653,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of F. Hager Investment Management Services LLC acquired a new stake in Ford Motor in the 4th quarter valued at approximately $26,000. Kentucky Trust Co purchased a new stake in shares of Ford Motor in the 4th quarter valued at $31,000. Reston Wealth Management LLC purchased a new stake in shares of Ford Motor in the 3rd quarter valued at $33,000. Crewe Advisors LLC boosted its holdings in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares during the period. Finally, Access Investment Management LLC acquired a new position in Ford Motor in the 3rd quarter valued at about $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on F. Evercore ISI lowered their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Royal Bank of Canada decreased their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Finally, JPMorgan Chase & Co. cut their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $11.89.

Ford Motor Stock Down 2.0 %

F stock opened at $9.30 on Wednesday. The stock has a market cap of $36.94 billion, a P/E ratio of 6.37, a PEG ratio of 1.80 and a beta of 1.63. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85. The company’s 50 day moving average is $9.90 and its two-hundred day moving average is $10.45.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Research analysts expect that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.46%. Ford Motor’s dividend payout ratio is presently 41.10%.

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.