Mountain Hill Investment Partners Corp. Invests $6.87 Million in Ford Motor (NYSE:F)

Mountain Hill Investment Partners Corp. acquired a new stake in Ford Motor (NYSE:F) in the fourth quarter, HoldingsChannel reports. The firm acquired 694,180 shares of the auto manufacturer’s stock, valued at approximately $6,872,000. Ford Motor makes up about 7.0% of Mountain Hill Investment Partners Corp.’s holdings, making the stock its 2nd largest holding.

Several other hedge funds have also added to or reduced their stakes in F. Vanguard Group Inc. increased its stake in shares of Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after buying an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Ford Motor by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after purchasing an additional 1,336,676 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after purchasing an additional 636,330 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after buying an additional 6,348,185 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Up 0.3 %

F opened at $10.05 on Monday. The firm has a market capitalization of $39.81 billion, a PE ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The company’s 50-day moving average is $9.73 and its 200 day moving average is $10.29.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share 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%. As a group, research analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 5.97%. Ford Motor’s payout ratio is 41.10%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the company from $12.00 to $9.00 in a report on Monday, December 16th. Wells Fargo & Company cut their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Bank of America decreased their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, TD Cowen started coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $11.50.

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.