Werba Rubin Papier Wealth Management Invests $192,000 in Ford Motor (NYSE:F)

Werba Rubin Papier Wealth Management bought a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 19,441 shares of the auto manufacturer’s stock, valued at approximately $192,000.

Other hedge funds have also modified their holdings of the company. Bank of Jackson Hole Trust acquired a new stake in Ford Motor during the 4th quarter worth about $29,000. Kentucky Retirement Systems Insurance Trust Fund lifted its holdings in shares of Ford Motor by 20.8% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 139,684 shares of the auto manufacturer’s stock valued at $1,383,000 after buying an additional 24,085 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of Ford Motor by 0.3% in the 4th quarter. Atria Wealth Solutions Inc. now owns 607,734 shares of the auto manufacturer’s stock valued at $6,017,000 after buying an additional 1,570 shares in the last quarter. D.A. Davidson & CO. increased its holdings in Ford Motor by 66.2% in the fourth quarter. D.A. Davidson & CO. now owns 210,743 shares of the auto manufacturer’s stock worth $2,086,000 after buying an additional 83,941 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its stake in Ford Motor by 4.5% in the fourth quarter. CIBC Asset Management Inc now owns 595,488 shares of the auto manufacturer’s stock valued at $5,895,000 after acquiring an additional 25,859 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Bank of America dropped their price objective on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Finally, Royal Bank of Canada dropped their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $11.89.

Ford Motor Stock Performance

Ford Motor stock opened at $9.30 on Wednesday. The company has a market cap of $36.84 billion, a PE ratio of 6.37, a PEG ratio of 0.61 and a beta of 1.63. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 1 year low of $9.10 and a 1 year high of $14.85. The company’s 50-day moving average is $9.88 and its two-hundred day moving average is $10.45.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

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.