149,011 Shares in Ford Motor (NYSE:F) Bought by Donoghue Forlines LLC

Donoghue Forlines LLC bought a new position in shares of Ford Motor (NYSE:F) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 149,011 shares of the auto manufacturer’s stock, valued at approximately $1,475,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Quarry LP bought a new stake in shares of Ford Motor in the 2nd quarter worth about $27,000. Kimelman & Baird LLC acquired a new position in shares of Ford Motor in the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC bought a new stake in Ford Motor during the 3rd quarter worth approximately $33,000. Access Investment Management LLC acquired a new stake in Ford Motor during the 3rd quarter valued at $34,000. Finally, Modus Advisors LLC bought a new position in Ford Motor in the 4th quarter valued at $34,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 0.3 %

NYSE F opened at $10.00 on Thursday. Ford Motor has a one year low of $9.49 and a one year 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 firm has a market cap of $39.73 billion, a P/E ratio of 11.36, a P/E/G ratio of 2.01 and a beta of 1.64. The stock’s 50-day moving average is $10.33 and its 200-day moving average is $10.87.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. Sell-side 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 declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.00%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

F has been the subject of a number of research analyst reports. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and cut their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $13.00 to $11.00 in a research report on Wednesday. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft decreased their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $11.67.

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.