Rooted Wealth Advisors Inc. Buys New Holdings in Ford Motor (NYSE:F)

Rooted Wealth Advisors Inc. purchased a new position in Ford Motor (NYSE:F) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,917 shares of the auto manufacturer’s stock, valued at approximately $214,000.

A number of other institutional investors have also added to or reduced their stakes in F. Hager Investment Management Services LLC bought a new stake in shares of Ford Motor in the fourth quarter worth about $26,000. Kentucky Trust Co purchased a new position in shares of Ford Motor in the fourth quarter valued at $31,000. Reston Wealth Management LLC bought a new stake in Ford Motor in the third quarter worth $33,000. Crewe Advisors LLC raised its stake in Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares in the last quarter. Finally, Access Investment Management LLC bought a new position in Ford Motor during the third quarter valued at $34,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Shares of NYSE:F opened at $9.37 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $37.22 billion, a price-to-earnings ratio of 6.41, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The firm has a 50 day moving average of $9.97 and a 200 day moving average of $10.49. Ford Motor has a 52 week low of $9.10 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, sell-side analysts predict that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Analyst Ratings Changes

A number of analysts have recently weighed in on F shares. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. JPMorgan Chase & Co. lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Deutsche Bank Aktiengesellschaft cut their target price 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. Bank of America decreased their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $11.89.

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.