Wingate Wealth Advisors Inc. Makes New $49,000 Investment in Ford Motor (NYSE:F)

Wingate Wealth Advisors Inc. bought a new position in Ford Motor (NYSE:F) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,980 shares of the auto manufacturer’s stock, valued at approximately $49,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Hager Investment Management Services LLC bought a new position in shares of Ford Motor in the fourth quarter valued at approximately $26,000. Reston Wealth Management LLC bought a new position in shares of Ford Motor in the third quarter valued at approximately $33,000. Crewe Advisors LLC boosted its holdings in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares in the last quarter. Access Investment Management LLC acquired a new stake in Ford Motor during the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC acquired a new stake in Ford Motor during the fourth quarter valued at approximately $34,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on F. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft cut their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Bank of America cut their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Evercore ISI cut their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.89.

Ford Motor Stock Up 0.2 %

F stock opened at $9.26 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. Ford Motor has a 1 year low of $9.12 and a 1 year high of $14.85. The company has a fifty day simple moving average of $10.06 and a 200 day simple moving average of $10.52. The firm has a market cap of $36.78 billion, a PE ratio of 6.34, a PEG ratio of 1.80 and a beta of 1.63.

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

Ford Motor Dividend Announcement

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 $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.48%. Ford Motor’s dividend payout ratio (DPR) is presently 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.