Crowley Wealth Management Inc. Invests $107,000 in Ford Motor (NYSE:F)

Crowley Wealth Management Inc. purchased a new position in shares of Ford Motor (NYSE:F) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 10,857 shares of the auto manufacturer’s stock, valued at approximately $107,000.

Several other institutional investors have also modified their holdings of the stock. Quest Partners LLC purchased a new stake in shares of Ford Motor during the 3rd quarter valued at approximately $96,000. Commerce Bank raised its position in Ford Motor by 4.9% in the third quarter. Commerce Bank now owns 144,810 shares of the auto manufacturer’s stock valued at $1,529,000 after purchasing an additional 6,814 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Ford Motor in the third quarter valued at $186,000. Advisors Asset Management Inc. raised its holdings in Ford Motor by 8.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 291,634 shares of the auto manufacturer’s stock valued at $3,080,000 after buying an additional 22,704 shares during the period. Finally, Landscape Capital Management L.L.C. purchased a new stake in Ford Motor in the 3rd quarter valued at about $423,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 0.3 %

Shares of NYSE:F opened at $10.05 on Monday. Ford Motor has a 52 week low of $9.06 and a 52 week high of $14.85. The company’s 50 day moving average is $9.73 and its two-hundred day moving average is $10.29. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The company has a market cap of $39.81 billion, a PE ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 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%. Equities analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. Ford Motor’s payout ratio is currently 41.10%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Evercore ISI reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Piper Sandler reduced their price target on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada cut their target price 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. Finally, Wells Fargo & Company cut their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $11.50.

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.