Arbor Wealth Advisors LLC Invests $854,000 in Ford Motor (NYSE:F)

Arbor Wealth Advisors LLC purchased a new position in shares of Ford Motor (NYSE:F) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 70,020 shares of the auto manufacturer’s stock, valued at approximately $854,000. Ford Motor accounts for about 0.9% of Arbor Wealth Advisors LLC’s portfolio, making the stock its 19th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in F. PFG Advisors lifted its position in Ford Motor by 47.4% during the 3rd quarter. PFG Advisors now owns 24,592 shares of the auto manufacturer’s stock worth $305,000 after acquiring an additional 7,913 shares during the period. Legacy Capital Wealth Partners LLC purchased a new position in shares of Ford Motor during the 3rd quarter valued at about $167,000. Impact Partnership Wealth LLC raised its stake in shares of Ford Motor by 35.7% during the 3rd quarter. Impact Partnership Wealth LLC now owns 6,290 shares of the auto manufacturer’s stock valued at $78,000 after buying an additional 1,654 shares during the last quarter. Bellecapital International Ltd. raised its stake in shares of Ford Motor by 15.0% during the 3rd quarter. Bellecapital International Ltd. now owns 180,826 shares of the auto manufacturer’s stock valued at $2,246,000 after buying an additional 23,555 shares during the last quarter. Finally, Mach 1 Financial Group LLC purchased a new position in shares of Ford Motor during the 3rd quarter valued at about $154,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 0.5 %

NYSE F traded up $0.06 on Tuesday, reaching $12.95. The stock had a trading volume of 62,725,910 shares, compared to its average volume of 53,616,461. The firm has a market capitalization of $51.44 billion, a price-to-earnings ratio of 11.99, a P/E/G ratio of 0.96 and a beta of 1.63. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The stock has a fifty day moving average price of $12.59 and a two-hundred day moving average price of $11.77.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The business had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. During the same quarter in the prior year, the company earned $0.51 earnings per share. The company’s revenue was up 3.5% on a year-over-year basis. As a group, sell-side analysts forecast that Ford Motor will post 1.89 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were issued a $0.33 dividend. This represents a yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

Insider Activity at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Royal Bank of Canada reiterated a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a research note on Wednesday, February 7th. Morgan Stanley lifted their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. UBS Group lowered Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price target for the company. in a research note on Wednesday, January 17th. Barclays lifted their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Finally, Redburn Atlantic started coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target for the company. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $13.82.

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.