Ford Motor (NYSE:F) Shares Purchased by Centennial Wealth Advisory LLC

Centennial Wealth Advisory LLC grew its position in shares of Ford Motor (NYSE:F) by 6.5% during the fourth quarter, Holdings Channel reports. The firm owned 51,104 shares of the auto manufacturer’s stock after acquiring an additional 3,134 shares during the quarter. Centennial Wealth Advisory LLC’s holdings in Ford Motor were worth $506,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hager Investment Management Services LLC purchased a new stake in Ford Motor during the 4th quarter worth approximately $26,000. Reston Wealth Management LLC acquired a new position in shares of Ford Motor in the third quarter worth $33,000. Crewe Advisors LLC increased its position in shares of Ford Motor by 169.9% during the fourth 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 period. Access Investment Management LLC acquired a new stake in shares of Ford Motor in the third quarter valued at $34,000. Finally, Modus Advisors LLC purchased a new position in Ford Motor in the fourth quarter valued at $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Shares of NYSE F opened at $9.98 on Thursday. The stock has a market cap of $39.65 billion, a P/E ratio of 11.34, a P/E/G ratio of 1.96 and a beta of 1.63. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a 50 day moving average of $10.16 and a two-hundred day moving average of $10.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. On average, research analysts forecast that Ford Motor will post 1.78 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.82.

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.