Donoghue Forlines LLC Purchases Shares of 149,011 Ford Motor (NYSE:F)

Donoghue Forlines LLC acquired a new position in shares of Ford Motor (NYSE:F) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 149,011 shares of the auto manufacturer’s stock, valued at approximately $1,475,000.

Other hedge funds also recently modified their holdings of the company. Quarry LP bought a new position in Ford Motor in the second quarter valued at approximately $27,000. Kimelman & Baird LLC acquired a new stake in shares of Ford Motor in the 2nd quarter valued at approximately $30,000. Reston Wealth Management LLC bought a new position in shares of Ford Motor in the third quarter valued at $33,000. Access Investment Management LLC acquired a new position in Ford Motor during the third quarter worth $34,000. Finally, Modus Advisors LLC bought a new stake in Ford Motor during the fourth quarter worth $34,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on F. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $13.00 to $11.00 in a research note on Wednesday. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $11.67.

Ford Motor Trading Down 0.3 %

F opened at $10.00 on Thursday. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $39.73 billion, a price-to-earnings ratio of 11.36, a P/E/G ratio of 2.01 and a beta of 1.64. The company has a 50-day simple moving average of $10.33 and a 200 day simple moving average of $10.87. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the firm earned $0.39 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year. Analysts predict that Ford Motor will post 1.77 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

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.