Financial Gravity Wealth Inc. purchased a new stake in shares of Ford Motor (NYSE:F) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,238 shares of the auto manufacturer’s stock, valued at approximately $92,000.

Other large investors have also recently bought and sold shares of the company. Stone House Investment Management LLC purchased a new stake in shares of Ford Motor during the first quarter valued at approximately $27,000. Howe & Rusling Inc. grew its holdings in shares of Ford Motor by 173.0% during the fourth quarter. Howe & Rusling Inc. now owns 3,631 shares of the auto manufacturer’s stock valued at $28,000 after buying an additional 2,301 shares during the last quarter. WP Advisors LLC purchased a new stake in shares of Ford Motor during the first quarter valued at approximately $32,000. Lavaca Capital LLC purchased a new stake in shares of Ford Motor during the fourth quarter valued at approximately $32,000. Finally, Csenge Advisory Group purchased a new stake in shares of Ford Motor during the third quarter valued at approximately $42,000. Hedge funds and other institutional investors own 53.24% of the company’s stock.

F opened at $9.55 on Monday. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.08 and a current ratio of 1.20. Ford Motor has a 1-year low of $7.41 and a 1-year high of $12.15. The company has a market capitalization of $37.95 billion, a price-to-earnings ratio of 7.35, a price-to-earnings-growth ratio of 0.87 and a beta of 1.04.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, January 23rd. The auto manufacturer reported $0.30 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30. Ford Motor had a net margin of 2.29% and a return on equity of 14.38%. The business had revenue of $38.70 billion for the quarter, compared to the consensus estimate of $36.83 billion. During the same period last year, the firm earned $0.39 earnings per share. The company’s quarterly revenue was up .5% on a year-over-year basis. On average, equities analysts anticipate that Ford Motor will post 1.21 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, April 24th will be given a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $0.60 annualized dividend and a yield of 6.28%. Ford Motor’s payout ratio is presently 46.15%.

A number of research analysts recently weighed in on the stock. ValuEngine downgraded shares of Ford Motor from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. Nomura downgraded shares of Ford Motor from a “neutral” rating to a “reduce” rating and lowered their price objective for the company from $8.20 to $7.50 in a research report on Friday, April 5th. Barclays set a $9.00 price objective on shares of Ford Motor and gave the company a “hold” rating in a research report on Friday, January 4th. Jefferies Financial Group restated a “buy” rating and set a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, January 8th. Finally, BMO Capital Markets restated a “hold” rating and set a $8.50 price objective on shares of Ford Motor in a research report on Monday, January 7th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $10.26.

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Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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