3,165 Shares in Ford Motor (NYSE:F) Acquired by Spurstone Advisory Services LLC

Spurstone Advisory Services LLC purchased a new stake in shares of Ford Motor (NYSE:F) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,165 shares of the auto manufacturer’s stock, valued at approximately $31,000. Ford Motor comprises 0.6% of Spurstone Advisory Services LLC’s portfolio, making the stock its 25th largest position.

Other large investors have also recently made changes to their positions in the company. Hager Investment Management Services LLC purchased a new position in Ford Motor in the 4th quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the fourth quarter valued at about $29,000. Flagship Wealth Advisors LLC purchased a new position in shares of Ford Motor in the fourth quarter worth about $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the 4th quarter valued at about $31,000. Finally, Crewe Advisors LLC lifted its stake 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 valued at $33,000 after acquiring an additional 2,068 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

F opened at $10.80 on Monday. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The company has a market cap of $42.79 billion, a price-to-earnings ratio of 7.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. 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 stock has a fifty day simple moving average of $9.90 and a two-hundred day simple moving average of $10.05.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.16. The company had revenue of $40.66 billion during the quarter, compared to analysts’ expectations of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Ford Motor’s revenue was down 6.2% on a year-over-year basis. During the same period last year, the company posted $0.49 EPS. Research analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.56%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor’s dividend payout ratio (DPR) is 48.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on F. JPMorgan Chase & Co. lifted their price target on Ford Motor from $11.00 to $12.00 and gave the stock an “overweight” rating in a research note on Thursday, May 1st. The Goldman Sachs Group lifted their target price on shares of Ford Motor from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 6th. Evercore ISI dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Barclays raised their price target on shares of Ford Motor from $8.00 to $9.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 6th. Finally, Wells Fargo & Company dropped their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $10.00.

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.