46,594 Shares in Ford Motor (NYSE:F) Acquired by Ring Mountain Capital LLC

Ring Mountain Capital LLC bought a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, HoldingsChannel.com reports. The firm bought 46,594 shares of the auto manufacturer’s stock, valued at approximately $461,000.

Other hedge funds also recently made changes to their positions in the company. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor in the 4th quarter valued at $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor in the 4th quarter valued at $29,000. Kentucky Trust Co purchased a new position in shares of Ford Motor in the 4th quarter valued at $31,000. Access Investment Management LLC purchased a new position in shares of Ford Motor in the 3rd quarter valued at $34,000. Finally, Crewe Advisors LLC raised its stake in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 1.7 %

NYSE F opened at $9.39 on Tuesday. Ford Motor has a one year low of $9.10 and a one year high of $14.85. The company has a 50-day simple moving average of $9.76 and a 200-day simple moving average of $10.41. 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 firm has a market capitalization of $37.22 billion, a PE ratio of 6.43, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities analysts forecast that Ford Motor will post 1.47 earnings per share for the current 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 6.39%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Analyst Ratings Changes

A number of equities analysts have recently commented on F shares. Bank of America cut their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. dropped their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Evercore ISI dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $11.89.

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.