New Age Alpha Advisors LLC Boosts Stock Position in Ford Motor (NYSE:F)

New Age Alpha Advisors LLC raised its stake in shares of Ford Motor (NYSE:F - Free Report) by 174.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 298,126 shares of the auto manufacturer's stock after buying an additional 189,626 shares during the period. New Age Alpha Advisors LLC's holdings in Ford Motor were worth $2,951,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank purchased a new position in Ford Motor in the fourth quarter valued at $387,282,000. Caisse Des Depots ET Consignations acquired a new stake in shares of Ford Motor during the 4th quarter valued at about $3,773,000. AssuredPartners Investment Advisors LLC purchased a new position in shares of Ford Motor in the 4th quarter valued at about $417,000. NEOS Investment Management LLC raised its holdings in Ford Motor by 31.7% in the 4th quarter. NEOS Investment Management LLC now owns 242,435 shares of the auto manufacturer's stock worth $2,400,000 after purchasing an additional 58,393 shares during the period. Finally, WINTON GROUP Ltd purchased a new position in Ford Motor during the fourth quarter worth approximately $254,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on F shares. JPMorgan Chase & Co. reduced their target price on Ford Motor from $13.00 to $11.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Wells Fargo & Company dropped their price target on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. TD Cowen initiated coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a "hold" rating and a $10.00 target price on the stock. 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 research report on Monday, February 10th. Finally, Jefferies Financial Group downgraded Ford Motor from a "hold" rating to an "underperform" rating and cut their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Ford Motor has a consensus rating of "Hold" and an average target price of $11.37.

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Ford Motor Stock Down 1.5 %

Ford Motor stock traded down $0.16 during mid-day trading on Tuesday, reaching $9.88. 106,051,774 shares of the company's stock were exchanged, compared to its average volume of 100,368,508. The company has a fifty day moving average of $9.75 and a 200-day moving average of $10.27. The company has a market cap of $39.14 billion, a P/E ratio of 6.76, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Sell-side analysts expect 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 was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.08%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio is presently 41.10%.

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.