M.E. Allison & CO. Inc. Makes New Investment in Ford Motor (NYSE:F)

M.E. Allison & CO. Inc. acquired a new stake in shares of Ford Motor (NYSE:F - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 51,830 shares of the auto manufacturer's stock, valued at approximately $513,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Quarry LP purchased a new stake in shares of Ford Motor during the second quarter valued at approximately $27,000. Kimelman & Baird LLC bought a new position in Ford Motor in the 2nd quarter valued at approximately $30,000. Reston Wealth Management LLC purchased a new stake in Ford Motor during the 3rd quarter valued at $33,000. Access Investment Management LLC bought a new stake in shares of Ford Motor in the 3rd quarter worth $34,000. Finally, Modus Advisors LLC bought a new stake in shares of Ford Motor in the 4th quarter worth $34,000. 58.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and raised their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Barclays lowered their target price on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a report on Tuesday, October 29th. Finally, Sanford C. Bernstein downgraded Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Ford Motor presently has an average rating of "Hold" and an average price target of $11.83.

Ford Motor Trading Up 1.6 %

Shares of Ford Motor stock traded up $0.16 during trading on Monday, hitting $10.17. The stock had a trading volume of 60,707,245 shares, compared to its average volume of 53,436,516. The stock has a market cap of $40.43 billion, a PE ratio of 11.56, a PEG ratio of 1.86 and a beta of 1.64. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The firm's fifty day simple moving average is $10.38 and its 200-day simple moving average is $10.91. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion during the quarter, compared to analysts' expectations of $45.13 billion. During the same quarter in the previous year, the business earned $0.39 EPS. Ford Motor's revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts expect that Ford Motor will post 1.77 EPS 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 paid a $0.15 dividend. 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 (DPR) is currently 68.18%.

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.