Axis Wealth Partners LLC Makes New Investment in Ford Motor (NYSE:F)

Axis Wealth Partners LLC bought a new position in Ford Motor (NYSE:F) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,339 shares of the auto manufacturer’s stock, valued at approximately $102,000.

A number of other large investors have also added to or reduced their stakes in the company. Apollon Wealth Management LLC increased its position in shares of Ford Motor by 1.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after purchasing an additional 969 shares during the last quarter. Albion Financial Group UT boosted its holdings in Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after acquiring an additional 1,000 shares during the period. Brighton Jones LLC boosted its holdings in Ford Motor by 5.4% during the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after acquiring an additional 1,001 shares during the period. Angeles Wealth Management LLC boosted its holdings in Ford Motor by 1.3% during 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 period. Finally, Atlas Brown Inc. boosted its holdings in Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock valued at $627,000 after acquiring an additional 1,047 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

F has been the subject of a number of research analyst reports. Bank of America lowered their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. TD Cowen initiated coverage on Ford Motor in a report on Friday. They set a “hold” rating and a $10.00 target price for the company. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Evercore ISI lowered their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Finally, Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and decreased their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.77.

Ford Motor Price Performance

Shares of NYSE F opened at $9.91 on Monday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The firm 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. The stock’s 50-day simple moving average is $9.72 and its 200-day simple moving average is $10.38.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS 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, equities research analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.06%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Ford Motor 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.