Kentucky Retirement Systems Insurance Trust Fund Raises Stock Holdings in Ford Motor (NYSE:F)

Kentucky Retirement Systems Insurance Trust Fund increased its position in Ford Motor (NYSE:F) by 20.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,684 shares of the auto manufacturer’s stock after buying an additional 24,085 shares during the quarter. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Ford Motor were worth $1,383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in F. Blue Trust Inc. increased its stake in shares of Ford Motor by 110.7% in the third quarter. Blue Trust Inc. now owns 33,199 shares of the auto manufacturer’s stock worth $351,000 after buying an additional 17,441 shares during the period. New Century Financial Group LLC purchased a new position in shares of Ford Motor in the third quarter worth $117,000. Vest Financial LLC bought a new stake in Ford Motor in the third quarter valued at $154,000. Winch Advisory Services LLC boosted its holdings in Ford Motor by 6.3% in the third quarter. Winch Advisory Services LLC now owns 18,360 shares of the auto manufacturer’s stock valued at $194,000 after acquiring an additional 1,080 shares in the last quarter. Finally, Foundations Investment Advisors LLC boosted its holdings in Ford Motor by 6.0% in the third quarter. Foundations Investment Advisors LLC now owns 96,156 shares of the auto manufacturer’s stock valued at $1,015,000 after acquiring an additional 5,481 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

F opened at $9.30 on Wednesday. The stock has a 50-day moving average price of $9.88 and a 200-day moving average price of $10.45. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. The firm has a market cap of $36.94 billion, a PE ratio of 6.37, a P/E/G ratio of 1.80 and a beta of 1.63. Ford Motor has a 1 year low of $9.10 and a 1 year high of $14.85.

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, topping 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%. Sell-side analysts predict that Ford Motor will post 1.7 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on F. 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 report on Thursday, February 6th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Bank of America cut their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average target price of $11.89.

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.