Strategic Financial Concepts LLC Buys New Position in Ford Motor (NYSE:F)

Strategic Financial Concepts LLC bought a new stake in Ford Motor (NYSE:F) during the fourth quarter, HoldingsChannel.com reports. The fund bought 95,678 shares of the auto manufacturer’s stock, valued at approximately $947,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hager Investment Management Services LLC acquired a new stake in Ford Motor in the 4th quarter valued at approximately $26,000. Reston Wealth Management LLC acquired a new stake in Ford Motor in the 3rd quarter valued at approximately $33,000. Crewe Advisors LLC raised its position in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 2,068 shares during the last quarter. Access Investment Management LLC acquired a new stake in Ford Motor in the 3rd quarter valued at approximately $34,000. Finally, Modus Advisors LLC acquired a new stake in Ford Motor in the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the topic of several recent analyst reports. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Finally, Royal Bank of Canada lowered their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $11.89.

Ford Motor Stock Performance

F opened at $9.22 on Wednesday. The business has a fifty day simple moving average of $10.03 and a 200 day simple moving average of $10.51. The company has a market capitalization of $36.65 billion, a PE ratio of 6.32, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. Ford Motor has a 1 year low of $9.12 and a 1 year high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Research analysts expect that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.51%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

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.