Larson Financial Group LLC Has $710,000 Holdings in Ford Motor (NYSE:F)

Larson Financial Group LLC grew its stake in Ford Motor (NYSE:F) by 10.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,695 shares of the auto manufacturer’s stock after acquiring an additional 6,761 shares during the period. Larson Financial Group LLC’s holdings in Ford Motor were worth $710,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of F. Hager Investment Management Services LLC bought a new position in Ford Motor in the 4th quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Ford Motor in the 4th quarter valued at $29,000. Kentucky Trust Co bought a new stake in shares of Ford Motor during the fourth quarter worth $31,000. Access Investment Management LLC acquired a new position in shares of Ford Motor during the third quarter valued at $34,000. Finally, Crewe Advisors LLC boosted its holdings in Ford Motor by 169.9% in the fourth 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 currently owned by institutional investors and hedge funds.

Ford Motor Trading Up 3.1 %

NYSE:F opened at $9.91 on Monday. The business’s 50-day simple moving average is $9.72 and its 200-day simple moving average is $10.38. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. 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 stock has a market capitalization of $39.26 billion, a PE ratio of 6.78, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Sell-side analysts expect 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 was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s payout ratio is presently 41.10%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wells Fargo & Company dropped their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research note on Thursday, February 6th. TD Cowen started coverage on shares of Ford Motor in a research note on Friday. They issued a “hold” rating and a $10.00 price objective on the stock. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus price target of $11.77.

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.