Partners Wealth Management LLC Purchases Shares of 12,821 Ford Motor (NYSE:F)

Partners Wealth Management LLC bought a new position in shares of Ford Motor (NYSE:F) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,821 shares of the auto manufacturer’s stock, valued at approximately $127,000.

Several other large investors also recently made changes to their positions in the business. Hager Investment Management Services LLC bought a new stake in shares of Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the fourth quarter valued at approximately $29,000. Kentucky Trust Co acquired a new stake in Ford Motor in the fourth quarter worth $31,000. Reston Wealth Management LLC bought a new stake in Ford Motor in the third quarter valued at $33,000. Finally, Crewe Advisors LLC boosted its holdings 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 valued at $33,000 after acquiring an additional 2,068 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $9.29 on Monday. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market cap of $36.80 billion, a P/E ratio of 6.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company’s fifty day moving average is $9.81 and its two-hundred day moving average is $10.44.

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

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.46%. Ford Motor’s dividend payout ratio is currently 41.10%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on F. JPMorgan Chase & Co. dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. 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 report on Thursday, November 7th. Royal Bank of Canada dropped their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Jefferies Financial Group lowered 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, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.89.

Ford Motor Company 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.