Investors Asset Management of Georgia Inc. GA ADV lifted its holdings in Ford Motor (NYSE:F) by 13.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,202 shares of the auto manufacturer’s stock after buying an additional 10,784 shares during the quarter. Ford Motor makes up about 0.8% of Investors Asset Management of Georgia Inc. GA ADV’s holdings, making the stock its 29th biggest holding. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Ford Motor were worth $1,152,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Captrust Financial Advisors purchased a new stake in shares of Ford Motor during the 2nd quarter valued at about $106,000. Balentine LLC lifted its stake in shares of Ford Motor by 4.0% in the 2nd quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 365 shares during the period. Godsey & Gibb Associates bought a new position in shares of Ford Motor in the 2nd quarter worth approximately $117,000. Brighton Jones LLC lifted its stake in shares of Ford Motor by 40.3% in the 3rd quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock worth $119,000 after purchasing an additional 5,518 shares during the period. Finally, Affinity Wealth Management lifted its stake in shares of Ford Motor by 892.4% in the 2nd quarter. Affinity Wealth Management now owns 107,575 shares of the auto manufacturer’s stock worth $120,000 after purchasing an additional 96,735 shares during the period. 54.12% of the stock is currently owned by hedge funds and other institutional investors.
Ford Motor (NYSE F) opened at $10.71 on Friday. The company has a market cap of $42,540.00, a PE ratio of 5.64, a price-to-earnings-growth ratio of 0.66 and a beta of 1.14. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 2.94. Ford Motor has a fifty-two week low of $10.47 and a fifty-two week high of $13.48.
Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03). Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The business had revenue of $38.50 billion for the quarter, compared to analysts’ expectations of $36.96 billion. During the same quarter in the previous year, the firm posted $0.30 EPS. Ford Motor’s revenue was up 6.9% on a year-over-year basis. equities analysts predict that Ford Motor will post 1.56 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Tuesday, January 30th will be given a $0.15 dividend. The ex-dividend date is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a yield of 5.60%. Ford Motor’s dividend payout ratio is currently 31.58%.
A number of equities research analysts have commented on the stock. Nomura decreased their target price on shares of Ford Motor to $11.00 and set a “neutral” rating on the stock in a research note on Thursday. Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 price objective on the stock. in a research report on Monday, January 29th. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Tuesday, January 9th. Royal Bank of Canada reiterated a “hold” rating and set a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, December 20th. Finally, Cascend Securities lowered shares of Ford Motor to a “buy” rating in a report on Tuesday, December 5th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $12.54.
In other news, insider Hau N. Thai-Tang sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total transaction of $234,000.00. Following the completion of the transaction, the insider now directly owns 14,358 shares of the company’s stock, valued at approximately $186,654. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Hau N. Thai-Tang sold 19,000 shares of the stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 47,752 shares of company stock worth $603,965. 1.08% of the stock is owned by insiders.
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About Ford Motor
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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