Soltis Investment Advisors LLC Purchases 4,880 Shares of Ford Motor (NYSE:F)

Soltis Investment Advisors LLC lifted its position in shares of Ford Motor (NYSE:F) by 29.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 21,641 shares of the auto manufacturer’s stock after purchasing an additional 4,880 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Ford Motor were worth $214,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wingate Wealth Advisors Inc. bought a new stake in Ford Motor in the fourth quarter worth $49,000. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Ford Motor by 16.9% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 14,462 shares of the auto manufacturer’s stock worth $143,000 after buying an additional 2,091 shares during the period. Angeles Wealth Management LLC lifted its stake in shares of Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after acquiring an additional 1,024 shares during the last quarter. Focused Wealth Management Inc boosted its holdings in Ford Motor by 15.7% during the 4th quarter. Focused Wealth Management Inc now owns 12,420 shares of the auto manufacturer’s stock valued at $123,000 after acquiring an additional 1,687 shares during the period. Finally, Newbridge Financial Services Group Inc. purchased a new stake in Ford Motor during the 4th quarter valued at about $355,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.2 %

F stock opened at $9.22 on Wednesday. The company has a market capitalization of $36.65 billion, a price-to-earnings ratio of 6.32, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.98 and a current ratio of 1.16. The business’s 50 day moving average price is $10.03 and its two-hundred day moving average price is $10.51. Ford Motor has a fifty-two week low of $9.12 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, analysts forecast that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.51%. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Analysts Set New Price Targets

F has been the topic of a number of analyst reports. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Royal Bank of Canada decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Finally, Bank of America dropped their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Ford Motor has an average rating of “Hold” and a consensus 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.