Aspire Growth Partners LLC Buys Shares of 55,826 Ford Motor (NYSE:F)

Aspire Growth Partners LLC acquired a new stake in shares of Ford Motor (NYSE:F - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 55,826 shares of the auto manufacturer's stock, valued at approximately $553,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Virtu Financial LLC purchased a new stake in shares of Ford Motor in the 3rd quarter valued at about $1,045,000. World Investment Advisors LLC boosted its stake in Ford Motor by 31.8% in the third quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer's stock worth $350,000 after buying an additional 8,000 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Ford Motor during the third quarter valued at approximately $192,000. Tidal Investments LLC raised its stake in shares of Ford Motor by 79.4% during the third quarter. Tidal Investments LLC now owns 302,940 shares of the auto manufacturer's stock worth $3,199,000 after acquiring an additional 134,042 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Ford Motor by 29.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock worth $15,998,000 after acquiring an additional 336,720 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

Ford Motor Stock Down 0.8 %

Shares of NYSE F traded down $0.08 during mid-day trading on Monday, hitting $10.20. 105,264,342 shares of the stock traded hands, compared to its average volume of 73,823,860. The stock has a fifty day moving average price of $9.72 and a 200-day moving average price of $10.07. The company has a market cap of $40.43 billion, a price-to-earnings ratio of 6.99, a PEG ratio of 0.61 and a beta of 1.41. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. During the same quarter last year, the company earned $0.49 EPS. Ford Motor's revenue was down 6.2% on a year-over-year basis. Research analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date is Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 41.10%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on F. StockNews.com cut shares of Ford Motor from a "hold" rating to a "sell" rating in a research report on Thursday, April 10th. 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. The Goldman Sachs Group reiterated a "neutral" rating and issued a $9.00 price objective (down previously from $11.00) on shares of Ford Motor in a research report on Thursday, April 10th. Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and cut their target price for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. Finally, Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $9.83.

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.