Grantvest Financial Group LLC Buys New Stake in Ford Motor (NYSE:F)

Grantvest Financial Group LLC purchased a new stake in Ford Motor (NYSE:F) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 19,188 shares of the auto manufacturer’s stock, valued at approximately $190,000.

Other large investors also recently bought and sold shares of the company. Quest Partners LLC acquired a new stake in shares of Ford Motor in the 3rd quarter valued at about $96,000. Commerce Bank boosted its holdings in shares of Ford Motor by 4.9% in the third quarter. Commerce Bank now owns 144,810 shares of the auto manufacturer’s stock valued at $1,529,000 after acquiring an additional 6,814 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Ford Motor during the third quarter worth approximately $186,000. Advisors Asset Management Inc. increased its holdings in shares of Ford Motor by 8.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 291,634 shares of the auto manufacturer’s stock valued at $3,080,000 after acquiring an additional 22,704 shares during the period. Finally, Landscape Capital Management L.L.C. purchased a new stake in Ford Motor in the 3rd quarter valued at $423,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F stock opened at $10.05 on Monday. The stock has a market cap of $39.81 billion, a PE ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 1 year low of $9.06 and a 1 year high of $14.85. The stock has a fifty day moving average price of $9.73 and a 200 day moving average price of $10.29.

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 the consensus estimate 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 forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Analysts Set New Price Targets

F has been the topic of a number of recent research reports. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. TD Cowen began coverage on Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Royal Bank of Canada decreased their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Three 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.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.50.

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.