Hazlett Burt & Watson Inc. Grows Position in Ford Motor (NYSE:F)

Hazlett Burt & Watson Inc. raised its stake in shares of Ford Motor (NYSE:F) by 30.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,480 shares of the auto manufacturer’s stock after purchasing an additional 2,910 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Ford Motor were worth $123,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of F. Vanguard Group Inc. increased its position in Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock worth $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Norges Bank acquired a new stake in shares of Ford Motor in the fourth quarter worth $387,282,000. Charles Schwab Investment Management Inc. raised its stake in shares of Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after acquiring an additional 6,497,321 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after acquiring an additional 6,348,185 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC purchased a new stake in Ford Motor during the 3rd quarter worth $55,456,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 3.3 %

Shares of NYSE F opened at $10.05 on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock’s 50 day moving average price is $9.75 and its two-hundred day moving average price is $10.27. Ford Motor has a 52-week low of $9.06 and a 52-week high of $14.85. The stock has a market capitalization of $39.81 billion, a P/E ratio of 6.88, a PEG ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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, analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have commented on F. Evercore ISI cut their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Royal Bank of Canada reduced their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. JPMorgan Chase & Co. lowered their price objective on shares of Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. TD Cowen assumed coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 target price on the stock. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $11.37.

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.