ARS Wealth Advisors Group LLC Acquires New Shares in Ford Motor (NYSE:F)

ARS Wealth Advisors Group LLC acquired a new position in shares of Ford Motor (NYSE:F) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 20,007 shares of the auto manufacturer’s stock, valued at approximately $198,000.

A number of other institutional investors also recently bought and sold shares of F. Quarry LP acquired a new stake in shares of Ford Motor in the second quarter valued at approximately $27,000. Kimelman & Baird LLC purchased a new stake in Ford Motor in the 2nd quarter valued at approximately $30,000. Reston Wealth Management LLC acquired a new stake in Ford Motor during the 3rd quarter valued at $33,000. Access Investment Management LLC purchased a new position in Ford Motor during the third quarter worth $34,000. Finally, Modus Advisors LLC acquired a new position in shares of Ford Motor in the fourth quarter worth $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Trading Up 1.8 %

Shares of F opened at $9.96 on Thursday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The firm has a market capitalization of $39.58 billion, a P/E ratio of 11.32, 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. The stock’s fifty day simple moving average is $10.44 and its 200 day simple moving average is $10.97.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business posted $0.39 EPS. On average, equities research analysts forecast that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given 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 6.02%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on F. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Barclays lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price 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.