Axis Wealth Partners LLC Invests $102,000 in Ford Motor (NYSE:F)

Axis Wealth Partners LLC purchased a new position in Ford Motor (NYSE:F) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,339 shares of the auto manufacturer’s stock, valued at approximately $102,000.

Several other institutional investors and hedge funds also recently bought and sold shares of F. Principal Financial Group Inc. lifted its position in Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after purchasing an additional 160,409 shares in the last quarter. Portside Wealth Group LLC lifted its position in shares of Ford Motor by 19.8% in the third quarter. Portside Wealth Group LLC now owns 13,161 shares of the auto manufacturer’s stock valued at $139,000 after acquiring an additional 2,172 shares in the last quarter. CWA Asset Management Group LLC purchased a new position in shares of Ford Motor in the third quarter valued at about $224,000. Holistic Planning LLC purchased a new position in shares of Ford Motor in the third quarter valued at about $147,000. Finally, Atria Investments Inc lifted its position in shares of Ford Motor by 1.4% in the third quarter. Atria Investments Inc now owns 308,901 shares of the auto manufacturer’s stock valued at $3,262,000 after acquiring an additional 4,377 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on F shares. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. TD Cowen started coverage on Ford Motor in a report on Friday. They issued a “hold” rating and a $10.00 target price on the stock. Finally, Wells Fargo & Company reduced their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $11.77.

Ford Motor Stock Up 3.1 %

Shares of F opened at $9.91 on Monday. The firm has a market capitalization of $39.26 billion, a P/E ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.59. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm has a fifty day moving average price of $9.72 and a 200-day moving average price of $10.38.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities research analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

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.