World Investment Advisors Increases Stake in Ford Motor Company $F

World Investment Advisors raised its position in Ford Motor Company (NYSE:F) by 222.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 125,292 shares of the auto manufacturer’s stock after acquiring an additional 86,445 shares during the period. World Investment Advisors’ holdings in Ford Motor were worth $1,644,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in F. Grove Bank & Trust increased its stake in shares of Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,000 shares during the period. MV Capital Management Inc. purchased a new position in Ford Motor during the fourth quarter worth about $25,000. Olistico Wealth LLC acquired a new stake in Ford Motor in the fourth quarter valued at about $26,000. McMillan Office Inc. acquired a new stake in Ford Motor in the fourth quarter valued at about $26,000. Finally, Johnson Financial Group Inc. boosted its holdings in Ford Motor by 55.4% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.1%

F stock opened at $14.04 on Friday. The company has a market cap of $55.96 billion, a P/E ratio of -9.06, a P/E/G ratio of 0.31 and a beta of 1.79. Ford Motor Company has a 52 week low of $10.42 and a 52 week high of $17.78. The company’s 50-day moving average price is $13.71 and its 200 day moving average price is $13.33. 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 (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company had revenue of $43.25 billion during the quarter, compared to analysts’ expectations of $42.66 billion. During the same period last year, the company posted $0.14 earnings per share. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, research analysts expect that Ford Motor Company will post 1.64 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, June 1st. Investors of record on Tuesday, May 12th were issued a $0.15 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. Ford Motor’s dividend payout ratio is currently -38.71%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on F shares. The Goldman Sachs Group boosted their target price on Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. Zacks Research cut Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Wells Fargo & Company decreased their price target on Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 31st. TD Cowen dropped their price objective on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a report on Friday, May 1st. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a report on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and an average price target of $14.63.

About Ford Motor

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.