Ford Motor (NYSE:F) Shares Acquired by Walker Asset Management LLC

Walker Asset Management LLC boosted its position in Ford Motor (NYSE:F) by 30.4% in the 4th quarter, HoldingsChannel reports. The firm owned 21,574 shares of the auto manufacturer’s stock after purchasing an additional 5,024 shares during the period. Walker Asset Management LLC’s holdings in Ford Motor were worth $214,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in F. Quarry LP purchased a new position in shares of Ford Motor during the 2nd quarter worth $27,000. Kimelman & Baird LLC acquired a new position in Ford Motor in the second quarter valued at $30,000. Reston Wealth Management LLC purchased a new position in Ford Motor during the third quarter worth about $33,000. Access Investment Management LLC acquired a new stake in Ford Motor in the 3rd quarter worth about $34,000. Finally, Modus Advisors LLC purchased a new stake in Ford Motor in the 4th quarter valued at about $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on F shares. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a report on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Performance

Ford Motor stock opened at $10.17 on Friday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The stock’s 50 day moving average price is $10.40 and its 200 day moving average price is $10.96. The firm has a market capitalization of $40.43 billion, a PE ratio of 11.56, a price-to-earnings-growth ratio of 1.86 and a beta of 1.64.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share 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 period in the prior year, the firm earned $0.39 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts expect that Ford Motor will post 1.77 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

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.