Physician Wealth Advisors Inc. Buys New Shares in Ford Motor (NYSE:F)

Physician Wealth Advisors Inc. purchased a new position in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,916 shares of the auto manufacturer’s stock, valued at approximately $88,000.

Several other institutional investors also recently modified their holdings of F. Hager Investment Management Services LLC purchased a new stake in Ford Motor during the fourth quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Ford Motor during the fourth quarter valued at approximately $29,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Ford Motor in the 4th quarter valued at approximately $30,000. Kentucky Trust Co acquired a new position in Ford Motor in the 4th quarter worth approximately $31,000. Finally, Crewe Advisors LLC grew its position in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on F shares. Bank of America reduced 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. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. BNP Paribas upgraded Ford Motor to a “hold” rating in a report on Monday, February 10th. Piper Sandler decreased their price target on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. Finally, Royal Bank of Canada dropped 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 note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.37.

Ford Motor Stock Performance

Shares of NYSE F opened at $9.73 on Monday. The business’s 50-day simple moving average is $9.75 and its 200-day simple moving average is $10.28. Ford Motor has a 52 week low of $9.06 and a 52 week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm has a market cap of $38.54 billion, a price-to-earnings ratio of 6.66, a P/E/G ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities research 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 announced 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 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is 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.