Ford Motor (NYSE:F) Shares Purchased by ERn Financial LLC

ERn Financial LLC boosted its position in shares of Ford Motor (NYSE:F) by 2.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 59,045 shares of the auto manufacturer’s stock after buying an additional 1,250 shares during the quarter. ERn Financial LLC’s holdings in Ford Motor were worth $585,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Meridian Financial Partners LLC increased its position in shares of Ford Motor by 1.1% during the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock worth $903,000 after purchasing an additional 953 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in Ford Motor by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after buying an additional 969 shares during the period. Beaird Harris Wealth Management LLC raised its stake in shares of Ford Motor by 3.0% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 33,534 shares of the auto manufacturer’s stock valued at $421,000 after acquiring an additional 982 shares during the period. Pure Financial Advisors LLC lifted its holdings in shares of Ford Motor by 6.6% in the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after acquiring an additional 990 shares during the last quarter. Finally, PBMares Wealth Management LLC boosted its position in shares of Ford Motor by 9.0% during the 3rd quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after purchasing an additional 991 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

NYSE:F opened at $9.96 on Thursday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The firm has a market cap of $39.58 billion, a price-to-earnings ratio of 11.32, a price-to-earnings-growth ratio of 1.89 and a beta of 1.64. The firm’s fifty day moving average price is $10.44 and its 200 day moving average price is $10.97. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period in the previous year, the business posted $0.39 earnings per share. The business’s revenue was up 5.5% compared to the same quarter last year. On average, sell-side analysts expect that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is currently 68.18%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $11.83.

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.