AssuredPartners Investment Advisors LLC Purchases New Shares in Ford Motor (NYSE:F)

AssuredPartners Investment Advisors LLC acquired a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, HoldingsChannel reports. The fund acquired 42,139 shares of the auto manufacturer’s stock, valued at approximately $417,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor in the 4th quarter worth approximately $29,000. Flagship Wealth Advisors LLC bought a new position in Ford Motor in the 4th quarter worth approximately $30,000. Kentucky Trust Co acquired a new position in Ford Motor during the 4th quarter worth $31,000. Finally, Crewe Advisors LLC boosted its position in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 2,068 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 3.7 %

Shares of Ford Motor stock opened at $9.92 on Friday. The company has a market capitalization of $39.30 billion, a P/E ratio of 6.79, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The business has a 50-day moving average of $9.76 and a two-hundred day moving average of $10.28. Ford Motor has a 1 year low of $9.06 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.05%. Ford Motor’s dividend payout ratio is currently 41.10%.

Analyst Upgrades and Downgrades

F has been the subject of a number of recent research reports. Bank of America dropped their target price 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. Evercore ISI dropped their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $11.37.

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.