13,349 Shares in Ford Motor (NYSE:F) Bought by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC acquired a new position in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 13,349 shares of the auto manufacturer’s stock, valued at approximately $132,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Franklin Resources Inc. increased its position in shares of Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after acquiring an additional 336,720 shares during the period. Principal Financial Group Inc. grew its stake in shares of Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after purchasing an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC purchased a new position in Ford Motor during the 3rd quarter valued at about $55,456,000. CHURCHILL MANAGEMENT Corp bought a new position in Ford Motor during the 4th quarter valued at approximately $10,853,000. Finally, ING Groep NV lifted its holdings in Ford Motor by 93.4% in the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock worth $12,473,000 after buying an additional 570,293 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

F opened at $9.25 on Friday. The company has a 50 day simple moving average of $10.10 and a two-hundred day simple moving average of $10.60. 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 $36.76 billion, a P/E ratio of 10.51, a PEG ratio of 1.96 and a beta of 1.63. Ford Motor has a 1-year low of $9.18 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Equities analysts forecast that Ford Motor will post 1.78 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.49%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on F. Bank of America reduced their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. lowered their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price objective for the company from $12.00 to $9.00 in a report on Monday, December 16th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $12.04.

Ford Motor 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.