Root Financial Partners LLC Increases Stock Holdings in Ford Motor (NYSE:F)

Root Financial Partners LLC increased its holdings in shares of Ford Motor (NYSE:F) by 12.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,994 shares of the auto manufacturer’s stock after buying an additional 1,921 shares during the period. Root Financial Partners LLC’s holdings in Ford Motor were worth $168,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hager Investment Management Services LLC acquired a new position in Ford Motor in the 4th quarter valued at $26,000. Kentucky Trust Co acquired a new position in Ford Motor in the 4th quarter valued at $31,000. Reston Wealth Management LLC acquired a new position in Ford Motor in the 3rd quarter valued at $33,000. Crewe Advisors LLC raised its stake in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares during the last quarter. Finally, Access Investment Management LLC acquired a new position in Ford Motor in the 3rd quarter valued at $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on F shares. JPMorgan Chase & Co. reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. BNP Paribas raised Ford Motor to a “hold” rating in a research note on Monday, February 10th. Bank of America cut their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, Evercore ISI cut their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, Ford Motor has an average rating of “Hold” and an average price target of $11.89.

Ford Motor Stock Up 1.3 %

Shares of NYSE:F opened at $9.48 on Friday. The business has a 50-day moving average price of $9.94 and a 200 day moving average price of $10.48. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $37.66 billion, a price-to-earnings ratio of 6.49, a PEG ratio of 1.80 and a beta of 1.63. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Sell-side analysts expect that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

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.