Ford Motor (NYSE:F) Shares Acquired by RWA Wealth Partners LLC

RWA Wealth Partners LLC increased its holdings in shares of Ford Motor (NYSE:F) by 9.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 219,712 shares of the auto manufacturer’s stock after purchasing an additional 19,179 shares during the quarter. RWA Wealth Partners LLC’s holdings in Ford Motor were worth $2,175,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hager Investment Management Services LLC acquired a new position in Ford Motor during the fourth quarter worth $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor during the 4th quarter worth about $29,000. Flagship Wealth Advisors LLC purchased a new position in Ford Motor during the 4th quarter valued at about $30,000. Kentucky Trust Co acquired a new position in Ford Motor in the 4th quarter valued at about $31,000. Finally, Crewe Advisors LLC increased its stake in Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. 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. Bank of America decreased their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Wells Fargo & Company reduced their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Royal Bank of Canada lowered their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Finally, Piper Sandler reduced their target price on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $11.37.

Ford Motor Trading Down 1.8 %

NYSE F opened at $9.73 on Monday. The firm’s fifty day moving average price is $9.75 and its 200 day moving average price is $10.28. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. 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 company has a market capitalization of $38.54 billion, a price-to-earnings ratio of 6.66, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.17%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 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.