Potentia Wealth Takes Position in Ford Motor (NYSE:F)

Potentia Wealth purchased a new position in shares of Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 34,813 shares of the auto manufacturer’s stock, valued at approximately $345,000.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after acquiring an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after purchasing an additional 6,497,321 shares during the last quarter. Geode Capital Management LLC boosted its stake in Ford Motor by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after purchasing an additional 1,336,676 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock worth $257,108,000 after purchasing an additional 636,330 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its stake in shares of Ford Motor by 112.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after purchasing an additional 6,348,185 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

NYSE F opened at $10.25 on Tuesday. 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 firm has a market capitalization of $40.61 billion, a price-to-earnings ratio of 7.02, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a 50 day simple moving average of $9.75 and a 200-day simple moving average of $10.29. Ford Motor has a 52-week low of $9.06 and a 52-week high of $14.85.

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 return on equity of 16.88% and a net margin of 3.18%. Equities research analysts predict 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 was paid on Monday, March 3rd. Investors 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 dividend on an annualized basis and a yield of 5.86%. Ford Motor’s dividend payout ratio is currently 41.10%.

Wall Street Analysts Forecast Growth

F has been the topic of several recent analyst reports. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. TD Cowen assumed coverage on shares of Ford Motor in a research note on Friday, March 7th. They issued a “hold” rating and a $10.00 price target for the company. Royal Bank of Canada lowered their price target on 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. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.50.

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.