Golden State Wealth Management LLC Invests $50,000 in Ford Motor (NYSE:F)

Golden State Wealth Management LLC purchased a new stake in shares of Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 5,005 shares of the auto manufacturer’s stock, valued at approximately $50,000.

Other institutional investors also recently bought and sold shares of the company. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in shares of Ford Motor by 270.7% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 25,169 shares of the auto manufacturer’s stock valued at $266,000 after buying an additional 18,380 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in Ford Motor by 250.5% during the third quarter. Exchange Traded Concepts LLC now owns 31,208 shares of the auto manufacturer’s stock worth $330,000 after acquiring an additional 22,305 shares in the last quarter. Disciplined Equity Management Inc. grew its holdings in Ford Motor by 4.6% in the third quarter. Disciplined Equity Management Inc. now owns 86,440 shares of the auto manufacturer’s stock worth $913,000 after purchasing an additional 3,810 shares during the period. Polianta Ltd increased its stake in shares of Ford Motor by 13.6% during the third quarter. Polianta Ltd now owns 104,500 shares of the auto manufacturer’s stock valued at $1,103,000 after purchasing an additional 12,500 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Ford Motor by 315.1% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 11,540 shares of the auto manufacturer’s stock valued at $122,000 after purchasing an additional 8,760 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on F. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.89.

Ford Motor Price Performance

Shares of F opened at $9.26 on Tuesday. The firm has a fifty day simple moving average of $10.06 and a two-hundred day simple moving average of $10.52. The firm has a market cap of $36.78 billion, a PE ratio of 6.34, a P/E/G ratio of 1.80 and a beta of 1.63. 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.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities analysts anticipate that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.15 per share. 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 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.