World Investment Advisors Boosts Position in Ford Motor Company $F

World Investment Advisors boosted its holdings in Ford Motor Company (NYSE:F) by 222.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,292 shares of the auto manufacturer’s stock after purchasing an additional 86,445 shares during the quarter. World Investment Advisors’ holdings in Ford Motor were worth $1,644,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in F. Grove Bank & Trust grew its position in shares of Ford Motor by 110.7% in the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,000 shares during the last quarter. MV Capital Management Inc. acquired a new stake in Ford Motor during the 4th quarter worth $25,000. Olistico Wealth LLC purchased a new stake in Ford Motor in the fourth quarter valued at $26,000. McMillan Office Inc. purchased a new stake in Ford Motor in the fourth quarter valued at $26,000. Finally, Johnson Financial Group Inc. lifted its position in Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after acquiring an additional 837 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on F shares. Wall Street Zen raised Ford Motor from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. Morgan Stanley reissued an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. TD Cowen decreased their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, May 1st. Wells Fargo & Company dropped their price target on Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 31st. Finally, The Goldman Sachs Group lifted their price target on Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $14.63.

Ford Motor Trading Down 0.1%

Shares of Ford Motor stock opened at $14.04 on Friday. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. The company has a market capitalization of $55.96 billion, a P/E ratio of -9.06, a PEG ratio of 0.31 and a beta of 1.79. Ford Motor Company has a 1 year low of $10.42 and a 1 year high of $17.78. The company’s fifty day moving average is $13.71 and its two-hundred day moving average is $13.33.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. Analysts forecast that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.