W Advisors LLC Acquires New Shares in Ford Motor (NYSE:F)

W Advisors LLC acquired a new position in shares of Ford Motor (NYSE:F) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,966 shares of the auto manufacturer’s stock, valued at approximately $146,000.

A number of other hedge funds also recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. lifted its stake in Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,839 shares during the last quarter. Milestone Investment Advisors LLC purchased a new stake in shares of Ford Motor during the third quarter worth about $27,000. Peoples Bank KS purchased a new stake in shares of Ford Motor during the third quarter worth about $29,000. Provence Wealth Management Group purchased a new stake in shares of Ford Motor during the third quarter worth about $31,000. Finally, Headinvest LLC purchased a new stake in shares of Ford Motor during the third quarter worth about $31,000. 58.74% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.80% of the stock is owned by corporate insiders.

Ford Motor Stock Down 0.5 %

Shares of NYSE F traded down $0.06 on Friday, reaching $12.43. 47,463,317 shares of the company’s stock traded hands, compared to its average volume of 54,173,800. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42. The business’s 50 day simple moving average is $12.64 and its two-hundred day simple moving average is $11.80. The company has a market cap of $49.39 billion, a price-to-earnings ratio of 12.81, a price-to-earnings-growth ratio of 0.84 and a beta of 1.61. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. The business had revenue of $42.78 billion during the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.63 earnings per share. As a group, equities research analysts forecast that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.83%. Ford Motor’s dividend payout ratio is currently 61.86%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on F shares. Morgan Stanley increased their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. Piper Sandler began coverage on shares of Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price target for the company. Citigroup increased their price target on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday. Redburn Atlantic began coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target for the company. Finally, Royal Bank of Canada increased their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 25th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $13.74.

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.