Hillsdale Investment Management Inc. Increases Stock Holdings in Ford Motor (NYSE:F)

Hillsdale Investment Management Inc. boosted its position in Ford Motor (NYSE:F) by 4.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 69,000 shares of the auto manufacturer’s stock after purchasing an additional 3,000 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Ford Motor were worth $683,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in F. Albion Financial Group UT increased its position in Ford Motor by 38.5% during the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after buying an additional 1,000 shares during the period. Brighton Jones LLC increased its position in Ford Motor by 5.4% during the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after buying an additional 1,001 shares during the period. Angeles Wealth Management LLC increased its position in Ford Motor by 1.3% during the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after buying an additional 1,024 shares during the period. Atlas Brown Inc. increased its position in Ford Motor by 1.7% during the fourth quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock worth $627,000 after buying an additional 1,047 shares during the period. Finally, Cornerstone Wealth Group LLC increased its position in Ford Motor by 10.6% during the fourth quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock worth $113,000 after buying an additional 1,098 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. TD Cowen assumed coverage on Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 target price on the stock. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Piper Sandler dropped their target price on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday. Jefferies Financial Group lowered 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. Finally, JPMorgan Chase & Co. dropped their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $11.50.

Ford Motor Stock Up 0.3 %

F opened at $10.05 on Monday. The business’s fifty day moving average is $9.73 and its two-hundred day moving average is $10.29. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market cap of $39.81 billion, a price-to-earnings ratio of 6.88, a PEG ratio of 0.61 and a beta of 1.59. Ford Motor has a one year low of $9.06 and a one year high of $14.85.

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

Ford Motor Announces Dividend

The business 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. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

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.