Stevens Capital Management LP purchased a new position in shares of Ford Motor (NYSE:F - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 36,433 shares of the auto manufacturer's stock, valued at approximately $361,000.
Several other hedge funds also recently bought and sold shares of F. Hager Investment Management Services LLC acquired a new position in Ford Motor during the fourth quarter worth approximately $26,000. Bank of Jackson Hole Trust purchased a new position in Ford Motor in the fourth quarter valued at about $29,000. Flagship Wealth Advisors LLC purchased a new position in Ford Motor in the 4th quarter worth approximately $30,000. Kentucky Trust Co acquired a new stake in Ford Motor during the 4th quarter valued at $31,000. Finally, Crewe Advisors LLC grew its stake in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock valued at $33,000 after acquiring an additional 2,068 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.
Ford Motor Trading Down 3.7 %
Shares of NYSE:F traded down $0.39 during mid-day trading on Thursday, hitting $9.92. The stock had a trading volume of 228,811,522 shares, compared to its average volume of 63,354,799. The company's 50 day moving average is $9.76 and its 200-day moving average is $10.29. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market cap of $39.30 billion, a PE ratio of 6.79, a P/E/G ratio of 0.61 and a beta of 1.59.
Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, sell-side analysts predict that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio (DPR) is presently 41.10%.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on F. Bank of America dropped their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research note on Thursday, February 6th. Wells Fargo & Company lowered their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. BNP Paribas raised Ford Motor to a "hold" rating in a report on Monday, February 10th. Jefferies Financial Group lowered Ford Motor from a "hold" rating to an "underperform" rating and decreased their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Royal Bank of Canada cut their target price on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $11.37.
View Our Latest Stock Analysis on F
About Ford Motor
(
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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