Larson Financial Group LLC Purchases 6,761 Shares of Ford Motor (NYSE:F)

Larson Financial Group LLC boosted its position in Ford Motor (NYSE:F) by 10.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,695 shares of the auto manufacturer’s stock after buying an additional 6,761 shares during the quarter. Larson Financial Group LLC’s holdings in Ford Motor were worth $710,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Generali Investments CEE investicni spolecnost a.s. bought a new position in shares of Ford Motor in the fourth quarter worth about $2,376,000. PNC Financial Services Group Inc. grew its holdings in Ford Motor by 0.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,097,103 shares of the auto manufacturer’s stock valued at $10,861,000 after buying an additional 3,318 shares during the last quarter. Beam Wealth Advisors Inc. bought a new position in Ford Motor in the 4th quarter worth approximately $231,000. Berkshire Asset Management LLC PA lifted its holdings in shares of Ford Motor by 21.0% during the fourth quarter. Berkshire Asset Management LLC PA now owns 26,332 shares of the auto manufacturer’s stock worth $266,000 after buying an additional 4,573 shares during the last quarter. Finally, Destination Wealth Management acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $151,000. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the topic of a number of research reports. Bank of America dropped their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. TD Cowen assumed coverage on shares of Ford Motor in a research report on Friday. They set a “hold” rating and a $10.00 price objective for the company. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Wells Fargo & Company cut their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus price target of $11.77.

Ford Motor Stock Performance

Shares of NYSE:F opened at $9.91 on Monday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The business’s fifty day moving average price is $9.72 and its two-hundred day moving average price is $10.38. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The stock has a market capitalization of $39.26 billion, a price-to-earnings ratio of 6.78, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last announced its earnings results 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 net margin of 3.18% and a return on equity of 16.88%. As a group, analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 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.