Future Financial Wealth Managment LLC Acquires 1,308 Shares of Ford Motor (NYSE:F)

Future Financial Wealth Managment LLC grew its holdings in Ford Motor (NYSE:F) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,794 shares of the auto manufacturer’s stock after acquiring an additional 1,308 shares during the quarter. Future Financial Wealth Managment LLC’s holdings in Ford Motor were worth $335,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Meridian Financial Partners LLC grew its stake in Ford Motor by 1.1% in the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after purchasing an additional 953 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in Ford Motor by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after acquiring an additional 969 shares during the period. Beaird Harris Wealth Management LLC lifted its position in Ford Motor by 3.0% during the second quarter. Beaird Harris Wealth Management LLC now owns 33,534 shares of the auto manufacturer’s stock worth $421,000 after acquiring an additional 982 shares during the last quarter. Pure Financial Advisors LLC boosted its holdings in shares of Ford Motor by 6.6% during the third 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 period. Finally, PBMares Wealth Management LLC increased its stake in shares of Ford Motor by 9.0% during the third 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.

Ford Motor Price Performance

Shares of F traded up $0.01 during midday trading on Monday, hitting $9.66. 45,161,302 shares of the company traded hands, compared to its average volume of 64,357,680. Ford Motor has a one year low of $9.49 and a one year high of $14.85. 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 $38.39 billion, a P/E ratio of 10.98, a PEG ratio of 1.89 and a beta of 1.64. The stock has a 50-day moving average of $10.47 and a 200-day moving average of $11.01.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company posted $0.39 EPS. As a group, sell-side analysts predict that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

F has been the subject of several recent research reports. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and cut their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and raised their price target for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Finally, Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.83.

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.