RWA Wealth Partners LLC Purchases 29,062 Shares of Ford Motor (NYSE:F)

RWA Wealth Partners LLC boosted its position in Ford Motor (NYSE:F) by 21.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 164,900 shares of the auto manufacturer’s stock after acquiring an additional 29,062 shares during the quarter. RWA Wealth Partners LLC’s holdings in Ford Motor were worth $2,010,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC grew its stake in shares of Ford Motor by 15.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock valued at $4,171,000 after buying an additional 44,581 shares during the last quarter. Pearl River Capital LLC boosted its holdings in shares of Ford Motor by 174.2% during the third quarter. Pearl River Capital LLC now owns 332,161 shares of the auto manufacturer’s stock worth $4,125,000 after purchasing an additional 211,037 shares during the period. TIAA Trust National Association purchased a new stake in shares of Ford Motor during the third quarter worth about $1,104,000. Mackenzie Financial Corp lifted its holdings in Ford Motor by 110.5% in the third quarter. Mackenzie Financial Corp now owns 700,928 shares of the auto manufacturer’s stock worth $8,460,000 after buying an additional 367,977 shares during the period. Finally, Axxcess Wealth Management LLC lifted its holdings in Ford Motor by 616.0% in the third quarter. Axxcess Wealth Management LLC now owns 300,951 shares of the auto manufacturer’s stock worth $3,738,000 after buying an additional 258,920 shares during the period. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Redburn Atlantic assumed coverage on shares of Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective for the company. Piper Sandler started coverage on shares of Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 target price for the company. Morgan Stanley raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. UBS Group downgraded shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price for the company. in a research note on Wednesday, January 17th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $13.82.

Insiders Place Their Bets

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.40% of the stock is currently owned by insiders.

Ford Motor Price Performance

Shares of F opened at $12.95 on Wednesday. The company has a market capitalization of $51.44 billion, a P/E ratio of 11.99, a price-to-earnings-growth ratio of 1.02 and a beta of 1.63. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. The firm has a 50 day moving average of $12.59 and a 200 day moving average of $11.77. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business had revenue of $43.21 billion during the quarter, compared to the consensus estimate of $43.06 billion. During the same quarter in the previous year, the firm posted $0.51 EPS. The firm’s revenue was up 3.5% on a year-over-year basis. As a group, equities research analysts anticipate that Ford Motor will post 1.9 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were given a $0.33 dividend. This represents a yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

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.