Sovran Advisors LLC Takes Position in Ford Motor (NYSE:F)

Sovran Advisors LLC purchased a new stake in shares of Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 21,513 shares of the auto manufacturer’s stock, valued at approximately $210,000.

Other institutional investors have also recently made changes to their positions in the company. Hager Investment Management Services LLC acquired a new position in Ford Motor in the fourth quarter valued at about $26,000. Reston Wealth Management LLC purchased a new stake in shares of Ford Motor in the 3rd quarter valued at approximately $33,000. Crewe Advisors LLC lifted its holdings in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after acquiring an additional 2,068 shares during the last quarter. Access Investment Management LLC purchased a new position in shares of Ford Motor during the 3rd quarter worth approximately $34,000. Finally, Modus Advisors LLC purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $9.37 on Friday. The stock has a market cap of $37.22 billion, a P/E ratio of 6.41, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The company has a fifty day simple moving average of $9.97 and a 200-day simple moving average of $10.49. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last released 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%. Equities analysts expect that Ford Motor will post 1.7 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders 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 6.41%. Ford Motor’s dividend payout ratio is currently 41.10%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on F. JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Evercore ISI dropped their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus 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.