Ford Motor (NYSE:F) Position Increased by Savvy Advisors Inc.

Savvy Advisors Inc. raised its stake in Ford Motor (NYSE:F) by 36.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,530 shares of the auto manufacturer’s stock after buying an additional 9,212 shares during the period. Savvy Advisors Inc.’s holdings in Ford Motor were worth $342,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Virtu Financial LLC acquired a new position in shares of Ford Motor in the third quarter worth about $1,045,000. Sculati Wealth Management LLC lifted its position in shares of Ford Motor by 4.7% in the 3rd quarter. Sculati Wealth Management LLC now owns 37,774 shares of the auto manufacturer’s stock valued at $399,000 after acquiring an additional 1,709 shares in the last quarter. World Investment Advisors LLC boosted its stake in Ford Motor by 31.8% in the 3rd quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer’s stock worth $350,000 after purchasing an additional 8,000 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Ford Motor during the 3rd quarter worth approximately $192,000. Finally, Tidal Investments LLC raised its stake in Ford Motor by 79.4% during the 3rd quarter. Tidal Investments LLC now owns 302,940 shares of the auto manufacturer’s stock valued at $3,199,000 after purchasing an additional 134,042 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on F shares. Jefferies Financial Group cut 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 report on Monday, December 16th. The Goldman Sachs Group restated a “neutral” rating and set a $9.00 price objective (down from $11.00) on shares of Ford Motor in a research report on Thursday, April 10th. Piper Sandler dropped their target price on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. UBS Group decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, April 10th. Finally, Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.50.

Ford Motor Trading Up 4.3 %

Ford Motor stock opened at $9.73 on Tuesday. Ford Motor has a one year low of $8.44 and a one year high of $14.85. The company’s fifty day moving average price is $9.57 and its two-hundred day moving average price is $10.16. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The company has a market capitalization of $38.56 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is 41.10%.

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.