ERn Financial LLC Raises Position in Ford Motor (NYSE:F)

ERn Financial LLC lifted its stake in Ford Motor (NYSE:F) by 2.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,045 shares of the auto manufacturer’s stock after purchasing an additional 1,250 shares during the period. ERn Financial LLC’s holdings in Ford Motor were worth $585,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quarry LP purchased a new stake in shares of Ford Motor in the second quarter worth $27,000. Kimelman & Baird LLC bought a new position in shares of Ford Motor during the 2nd quarter valued at about $30,000. Reston Wealth Management LLC purchased a new position in shares of Ford Motor during the third quarter valued at about $33,000. Access Investment Management LLC bought a new stake in shares of Ford Motor in the third quarter worth about $34,000. Finally, Modus Advisors LLC bought a new position in Ford Motor during the fourth quarter valued at approximately $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Up 1.8 %

Ford Motor stock opened at $9.96 on Thursday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The company has a market cap of $39.58 billion, a PE ratio of 11.32, a PEG ratio of 1.89 and a beta of 1.64. The business’s 50-day simple moving average is $10.44 and its two-hundred day simple moving average is $10.97.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the previous year, the firm posted $0.39 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Equities analysts anticipate that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 6.02%. Ford Motor’s payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on F shares. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft lowered their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, Ford Motor has an average rating of “Hold” and an average target price of $11.83.

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.