WCG Wealth Advisors LLC Invests $1.90 Million in Ford Motor Company $F

WCG Wealth Advisors LLC purchased a new position in Ford Motor Company (NYSE:F) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 144,554 shares of the auto manufacturer’s stock, valued at approximately $1,897,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Ford Motor in the 4th quarter valued at approximately $674,437,000. SBI Okasan Asset Management Co.Ltd. bought a new position in Ford Motor in the fourth quarter valued at approximately $1,769,000. Mirae Asset Global Investments Co. Ltd. grew its stake in Ford Motor by 2.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock valued at $57,008,000 after purchasing an additional 103,423 shares in the last quarter. Caprock Group LLC bought a new position in Ford Motor in the third quarter valued at approximately $893,000. Finally, Versor Investments LP bought a new position in Ford Motor in the third quarter valued at approximately $2,187,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

F has been the subject of a number of analyst reports. UBS Group decreased their price target on Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Morgan Stanley restated an “equal weight” rating and issued a $14.00 price target on shares of Ford Motor in a research note on Wednesday, May 13th. The Goldman Sachs Group decreased their price target on Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. Finally, TD Cowen decreased their price target on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.20.

Ford Motor Stock Performance

Shares of NYSE F opened at $14.91 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. Ford Motor Company has a 12 month low of $10.15 and a 12 month high of $17.78. The stock has a 50 day moving average of $13.12 and a 200-day moving average of $13.22. The company has a market capitalization of $59.39 billion, a P/E ratio of -9.62, a P/E/G ratio of 0.33 and a beta of 1.79.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping the consensus estimate of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The company had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. During the same period in the previous year, the company posted $0.14 EPS. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, equities research analysts predict that Ford Motor Company will post 1.64 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s payout ratio is currently -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.