Millstone Evans Group LLC Invests $44,000 in Ford Motor (NYSE:F)

Millstone Evans Group LLC purchased a new position in shares of Ford Motor (NYSE:F) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,492 shares of the auto manufacturer’s stock, valued at approximately $44,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Hager Investment Management Services LLC acquired a new position in Ford Motor in the 4th quarter worth $26,000. Bank of Jackson Hole Trust purchased a new position in Ford Motor in the fourth quarter valued at about $29,000. Flagship Wealth Advisors LLC acquired a new position in shares of Ford Motor in the 4th quarter valued at approximately $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the fourth quarter worth $31,000. Finally, Crewe Advisors LLC raised 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 in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. TD Cowen initiated coverage on shares of Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Piper Sandler lowered their price objective on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday. Bank of America cut their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. BNP Paribas raised Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, Wells Fargo & Company decreased their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus target price of $11.50.

Ford Motor Trading Up 0.3 %

Shares of F stock opened at $10.05 on Monday. 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 stock has a 50-day simple moving average of $9.73 and a 200 day simple moving average of $10.29. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The stock has a market capitalization of $39.81 billion, a P/E ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. On average, sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 5.97%. Ford Motor’s dividend payout ratio is currently 41.10%.

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.