Uniting Wealth Partners LLC Makes New $148,000 Investment in Ford Motor (NYSE:F)

Uniting Wealth Partners LLC bought a new stake in Ford Motor (NYSE:F) during the 4th quarter, Holdings Channel.com reports. The firm bought 14,927 shares of the auto manufacturer’s stock, valued at approximately $148,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hager Investment Management Services LLC bought a new stake in Ford Motor in the fourth quarter valued at $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor during the 4th quarter valued at $29,000. Flagship Wealth Advisors LLC purchased a new position in Ford Motor during the fourth quarter worth about $30,000. Kentucky Trust Co purchased a new stake in shares of Ford Motor during the fourth quarter valued at approximately $31,000. Finally, Crewe Advisors LLC raised its stake in shares of Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the topic of several recent research reports. Royal Bank of Canada dropped their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. TD Cowen started coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 price target on the stock. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Piper Sandler lowered their price objective on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, March 20th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $11.37.

Ford Motor Price Performance

Shares of NYSE:F opened at $10.14 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $40.19 billion, a PE ratio of 6.95, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The firm’s 50 day moving average price is $9.74 and its 200-day moving average price is $10.27. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities research analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.92%. Ford Motor’s payout ratio is currently 41.10%.

Ford Motor 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.