Pines Wealth Management LLC Makes New $326,000 Investment in Ford Motor (NYSE:F)

Pines Wealth Management LLC bought a new stake in Ford Motor (NYSE:F - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 33,748 shares of the auto manufacturer's stock, valued at approximately $326,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Thoroughbred Financial Services LLC boosted its stake in Ford Motor by 8.0% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 16,130 shares of the auto manufacturer's stock worth $202,000 after purchasing an additional 1,192 shares in the last quarter. Brown Brothers Harriman & Co. lifted its stake in shares of Ford Motor by 369.5% during the second quarter. Brown Brothers Harriman & Co. now owns 43,829 shares of the auto manufacturer's stock worth $550,000 after buying an additional 34,493 shares during the period. Citizens Financial Group Inc. RI purchased a new stake in shares of Ford Motor during the second quarter valued at $156,000. Renaissance Technologies LLC increased its position in shares of Ford Motor by 8.5% in the 2nd quarter. Renaissance Technologies LLC now owns 3,565,409 shares of the auto manufacturer's stock valued at $44,710,000 after acquiring an additional 278,700 shares during the period. Finally, Moors & Cabot Inc. raised its stake in Ford Motor by 18.4% in the 2nd quarter. Moors & Cabot Inc. now owns 93,864 shares of the auto manufacturer's stock worth $1,177,000 after acquiring an additional 14,561 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Shares of NYSE F traded up $0.06 during trading on Thursday, hitting $10.01. The company had a trading volume of 39,692,048 shares, compared to its average volume of 62,118,422. The firm has a market capitalization of $39.76 billion, a price-to-earnings ratio of 11.37, a price-to-earnings-growth ratio of 1.86 and a beta of 1.64. The stock has a fifty day simple moving average of $10.44 and a two-hundred day simple moving average of $10.97. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion for the quarter, compared to analysts' expectations of $45.13 billion. During the same period in the previous year, the firm posted $0.39 EPS. Ford Motor's revenue was up 5.5% compared to the same quarter last year. On average, research analysts expect that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.00%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor's dividend payout ratio is currently 68.18%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Morgan Stanley downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and decreased their price objective for the company from $12.00 to $9.00 in a report on Monday, December 16th. Sanford C. Bernstein downgraded Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft reduced their price target on Ford Motor from $11.00 to $10.00 and set a "hold" rating for the company in a research report on Wednesday, October 30th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $11.83.

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.