Teamwork Financial Advisors LLC Invests $1.10 Million in Ford Motor (NYSE:F)

Teamwork Financial Advisors LLC acquired a new stake in Ford Motor (NYSE:F) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 110,633 shares of the auto manufacturer’s stock, valued at approximately $1,095,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Meridian Financial Partners LLC raised its stake in shares of Ford Motor by 1.1% during the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock worth $903,000 after buying an additional 953 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in shares of Ford Motor by 1.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after acquiring an additional 969 shares in the last quarter. Beaird Harris Wealth Management LLC grew its holdings in shares of Ford Motor by 3.0% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 33,534 shares of the auto manufacturer’s stock worth $421,000 after acquiring an additional 982 shares during the period. Pure Financial Advisors LLC raised its holdings in Ford Motor by 6.6% during the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after purchasing an additional 990 shares during the last quarter. Finally, PBMares Wealth Management LLC boosted its position in Ford Motor by 9.0% during the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after purchasing an additional 991 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Down 3.8 %

Shares of F opened at $10.04 on Thursday. The firm has a market capitalization of $39.88 billion, a P/E ratio of 11.40, a price-to-earnings-growth ratio of 2.01 and a beta of 1.64. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The stock’s fifty day simple moving average is $10.33 and its 200 day simple moving average is $10.87.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter last year, the firm posted $0.39 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.98%. Ford Motor’s payout ratio is currently 68.18%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on F shares. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $13.00 to $11.00 in a research report on Wednesday. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.67.

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.