Allworth Financial LP Raises Stake in Ford Motor (NYSE:F)

Allworth Financial LP grew its holdings in Ford Motor (NYSE:F) by 8.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 164,760 shares of the auto manufacturer’s stock after buying an additional 12,919 shares during the period. Allworth Financial LP’s holdings in Ford Motor were worth $1,653,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in F. Blue Trust Inc. grew its stake in shares of Ford Motor by 110.7% in the 3rd quarter. Blue Trust Inc. now owns 33,199 shares of the auto manufacturer’s stock valued at $351,000 after purchasing an additional 17,441 shares during the last quarter. New Century Financial Group LLC acquired a new stake in shares of Ford Motor during the third quarter worth $117,000. Vest Financial LLC purchased a new position in Ford Motor in the 3rd quarter valued at $154,000. Winch Advisory Services LLC increased its stake in Ford Motor by 6.3% in the 3rd quarter. Winch Advisory Services LLC now owns 18,360 shares of the auto manufacturer’s stock valued at $194,000 after buying an additional 1,080 shares during the period. Finally, Foundations Investment Advisors LLC raised its position in Ford Motor by 6.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 96,156 shares of the auto manufacturer’s stock worth $1,015,000 after buying an additional 5,481 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 2.0 %

Shares of F opened at $9.30 on Wednesday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. Ford Motor has a 1-year low of $9.10 and a 1-year high of $14.85. The stock has a market cap of $36.94 billion, a price-to-earnings ratio of 6.37, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The firm has a 50 day simple moving average of $9.90 and a 200-day simple moving average of $10.45.

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

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a $0.15 dividend. The ex-dividend date 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 (DPR) is 41.10%.

Analyst Upgrades and Downgrades

F has been the topic of several analyst reports. Wells Fargo & Company lowered their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. 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 report on Wednesday, October 30th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Finally, Royal Bank of Canada reduced 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. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.89.

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.