18,507 Shares in Ford Motor (NYSE:F) Acquired by Exchange Capital Management Inc.

Exchange Capital Management Inc. bought a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, HoldingsChannel.com reports. The firm bought 18,507 shares of the auto manufacturer’s stock, valued at approximately $183,000.

Other hedge funds also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC acquired a new stake in Ford Motor during the 4th quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Ford Motor in the 4th quarter valued at $29,000. Reston Wealth Management LLC acquired a new stake in shares of Ford Motor in the 3rd quarter valued at $33,000. Kentucky Trust Co acquired a new stake in shares of Ford Motor in the 4th quarter valued at $31,000. Finally, Access Investment Management LLC acquired a new stake in shares of Ford Motor in the 3rd quarter valued at $34,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Up 0.7 %

Shares of NYSE:F opened at $9.42 on Wednesday. The company has a market cap of $37.32 billion, a price-to-earnings ratio of 6.45, a PEG ratio of 0.61 and a beta of 1.63. The firm’s 50-day simple moving average is $9.79 and its 200-day simple moving average is $10.43. 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 fifty-two week low of $9.10 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities research analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.37%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada cut their price target on shares of 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. Wells Fargo & Company lowered their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Finally, BNP Paribas raised shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $11.89.

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.