Beam Wealth Advisors Inc. Makes New Investment in Ford Motor (NYSE:F)

Beam Wealth Advisors Inc. acquired a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 23,334 shares of the auto manufacturer’s stock, valued at approximately $231,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of F. Farther Finance Advisors LLC lifted its holdings in Ford Motor by 4.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 43,153 shares of the auto manufacturer’s stock worth $456,000 after buying an additional 2,004 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Ford Motor by 49.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock worth $10,546,000 after buying an additional 329,631 shares during the last quarter. Asset Management One Co. Ltd. lifted its holdings in Ford Motor by 1.2% during the 3rd quarter. Asset Management One Co. Ltd. now owns 1,428,642 shares of the auto manufacturer’s stock worth $15,086,000 after buying an additional 17,461 shares during the last quarter. NorthRock Partners LLC lifted its holdings in Ford Motor by 6.8% during the 3rd quarter. NorthRock Partners LLC now owns 18,009 shares of the auto manufacturer’s stock worth $190,000 after buying an additional 1,139 shares during the last quarter. Finally, Catalina Capital Group LLC lifted its holdings in Ford Motor by 33.9% during the 3rd quarter. Catalina Capital Group LLC now owns 19,212 shares of the auto manufacturer’s stock worth $203,000 after buying an additional 4,865 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

F opened at $9.61 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The business has a fifty day simple moving average of $9.72 and a 200-day simple moving average of $10.39. The firm has a market cap of $38.07 billion, a PE ratio of 6.58, a P/E/G ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.25%. Ford Motor’s dividend payout ratio is 41.10%.

Analyst Ratings Changes

F has been the topic of a number of research analyst reports. Bank of America reduced their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. JPMorgan Chase & Co. dropped 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. BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, Royal Bank of Canada dropped 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 research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $11.89.

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.