Ford Motor (NYSE:F) Shares Bought by Arbor Wealth Advisors LLC

Arbor Wealth Advisors LLC grew its holdings in Ford Motor (NYSE:F) by 79.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,219 shares of the auto manufacturer’s stock after acquiring an additional 16,456 shares during the period. Arbor Wealth Advisors LLC’s holdings in Ford Motor were worth $368,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Quarry LP purchased a new stake in shares of Ford Motor in the 2nd quarter valued at about $27,000. Kimelman & Baird LLC purchased a new stake in Ford Motor during the 2nd quarter valued at approximately $30,000. Reston Wealth Management LLC purchased a new position in shares of Ford Motor in the 3rd quarter valued at approximately $33,000. Access Investment Management LLC purchased a new stake in shares of Ford Motor during the third quarter worth approximately $34,000. Finally, Modus Advisors LLC purchased a new position in Ford Motor in the 4th quarter valued at $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Trading Up 0.6 %

NYSE F opened at $9.71 on Tuesday. The firm’s fifty day simple moving average is $10.46 and its 200-day simple moving average is $10.99. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The company has a market capitalization of $38.59 billion, a PE ratio of 11.03, a price-to-earnings-growth ratio of 1.89 and a beta of 1.64. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

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

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 6.18%. Ford Motor’s dividend payout ratio is currently 68.18%.

Analyst Upgrades and Downgrades

F has been the subject of a number of analyst reports. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. 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 decreased their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target 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.