Community Bank of Raymore lessened its stake in shares of Ford Motor (NYSE:F - Free Report) by 20.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 147,600 shares of the auto manufacturer's stock after selling 37,170 shares during the period. Ford Motor makes up about 1.1% of Community Bank of Raymore's portfolio, making the stock its 27th biggest position. Community Bank of Raymore's holdings in Ford Motor were worth $1,461,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in F. Quarry LP purchased a new stake in Ford Motor in the 2nd quarter worth $27,000. Kimelman & Baird LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC acquired a new stake in shares of Ford Motor in the 3rd quarter worth $33,000. Access Investment Management LLC purchased a new stake in shares of Ford Motor in the third quarter valued at about $34,000. Finally, Modus Advisors LLC acquired a new stake in Ford Motor during the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 58.74% of the company's stock.
Analysts Set New Price Targets
Several research firms have recently commented on F. Jefferies Financial Group lowered shares of Ford Motor from a "hold" rating to an "underperform" rating and reduced their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a report on Wednesday, October 30th. Morgan Stanley downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $11.83.
Get Our Latest Research Report on F
Ford Motor Stock Performance
Shares of F stock traded up $0.16 during midday trading on Monday, hitting $10.17. The company had a trading volume of 60,707,245 shares, compared to its average volume of 53,436,516. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company's 50 day simple moving average is $10.38 and its 200 day simple moving average is $10.91. The stock has a market cap of $40.43 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 1.86 and a beta of 1.64.
Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analysts' expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the firm earned $0.39 EPS. Research analysts anticipate that Ford Motor will post 1.77 earnings per share for the current fiscal 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 issued a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.90%. Ford Motor's dividend payout ratio is presently 68.18%.
Ford Motor Company Profile
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Free Report)
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.
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