Arbor Trust Wealth Advisors LLC Buys Shares of 11,605 Ford Motor (NYSE:F)

Arbor Trust Wealth Advisors LLC bought a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, Holdings Channel reports. The institutional investor bought 11,605 shares of the auto manufacturer’s stock, valued at approximately $115,000.

Other large investors also recently modified their holdings of the company. Quarry LP acquired a new position in Ford Motor during the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC bought a new stake in Ford Motor in the 2nd quarter valued at about $30,000. Reston Wealth Management LLC acquired a new stake in Ford Motor in the 3rd quarter valued at approximately $33,000. Access Investment Management LLC acquired a new stake in shares of Ford Motor in the 3rd quarter worth approximately $34,000. Finally, Modus Advisors LLC acquired a new stake in shares of Ford Motor during the 4th quarter valued at $34,000. 58.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on F shares. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.83.

Ford Motor Trading Up 1.6 %

NYSE F opened at $10.17 on Friday. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The firm has a market cap of $40.43 billion, a P/E ratio of 11.56, a P/E/G ratio of 1.86 and a beta of 1.64. The stock’s 50-day moving average is $10.38 and its 200-day moving average is $10.94.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the company posted $0.39 EPS. Sell-side analysts anticipate that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.90%. Ford Motor’s dividend payout ratio is currently 68.18%.

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.