Finley Financial LLC Makes New $47,000 Investment in Ford Motor (NYSE:F)

Finley Financial LLC purchased a new position in shares of Ford Motor (NYSE:F) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,725 shares of the auto manufacturer’s stock, valued at approximately $47,000.

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

Ford Motor Stock Up 2.6 %

Shares of F opened at $10.44 on Wednesday. The firm has a market cap of $41.51 billion, a P/E ratio of 11.87, a price-to-earnings-growth ratio of 1.96 and a beta of 1.64. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The company’s 50-day moving average price is $10.35 and its 200 day moving average price is $10.88. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

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. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 EPS. On average, sell-side analysts forecast that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 5.74%. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $11.67.

Ford Motor 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.