Trek Financial LLC Acquires 36,387 Shares of Ford Motor (NYSE:F)

Trek Financial LLC boosted its stake in Ford Motor (NYSE:F - Free Report) by 78.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,962 shares of the auto manufacturer's stock after purchasing an additional 36,387 shares during the quarter. Trek Financial LLC's holdings in Ford Motor were worth $821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Federated Hermes Inc. increased its position in shares of Ford Motor by 1.9% during the 4th quarter. Federated Hermes Inc. now owns 134,951 shares of the auto manufacturer's stock valued at $1,336,000 after purchasing an additional 2,535 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in Ford Motor during the fourth quarter valued at approximately $39,000. Aviva PLC raised its stake in shares of Ford Motor by 26.5% during the fourth quarter. Aviva PLC now owns 191,584 shares of the auto manufacturer's stock worth $1,897,000 after acquiring an additional 40,174 shares in the last quarter. KCM Investment Advisors LLC lifted its holdings in shares of Ford Motor by 32.6% in the 4th quarter. KCM Investment Advisors LLC now owns 30,499 shares of the auto manufacturer's stock worth $302,000 after acquiring an additional 7,504 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. purchased a new stake in shares of Ford Motor in the 4th quarter valued at $13,338,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 4.3 %

F stock traded down $0.41 during trading on Thursday, reaching $9.09. The company had a trading volume of 90,508,136 shares, compared to its average volume of 69,322,230. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. The business has a 50 day moving average of $9.61 and a 200 day moving average of $10.19. The company has a market cap of $36.04 billion, a P/E ratio of 6.24, a PEG ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, sell-side analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.60%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio (DPR) is presently 41.10%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Evercore ISI lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Wells Fargo & Company lowered their target price on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research note on Thursday, February 6th. Piper Sandler reduced their price target on Ford Motor from $13.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, March 20th. Royal Bank of Canada decreased their price target on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 6th. Finally, Sanford C. Bernstein lowered Ford Motor from a "market perform" rating to an "underperform" rating and dropped their price objective for the company from $9.40 to $7.00 in a research note on Wednesday. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Ford Motor has an average rating of "Hold" and an average target price of $10.83.

Ford Motor Company 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.