Sovereign Investment Advisors LLC Purchases Shares of 14,865 Ford Motor (NYSE:F)

Sovereign Investment Advisors LLC purchased a new stake in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,865 shares of the auto manufacturer’s stock, valued at approximately $147,000.

Several other large investors also recently made changes to their positions in the company. Hager Investment Management Services LLC bought a new position in shares of Ford Motor in the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor in the fourth quarter valued at approximately $29,000. Kentucky Trust Co bought a new position in shares of Ford Motor in the fourth quarter valued at approximately $31,000. Crewe Advisors LLC boosted its holdings in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares in the last quarter. Finally, Modus Advisors LLC bought a new position in shares of Ford Motor in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 2.0 %

Ford Motor stock opened at $9.73 on Friday. The company has a 50 day moving average price of $9.71 and a 200 day moving average price of $10.33. Ford Motor has a 52 week low of $9.06 and a 52 week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm has a market capitalization of $38.54 billion, a price-to-earnings ratio of 6.66, a P/E/G ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.17%. Ford Motor’s payout ratio is 41.10%.

Analysts Set New Price Targets

F has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. TD Cowen assumed coverage on shares of Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 target price for the company. Evercore ISI reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $11.68.

About Ford Motor

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.