1834 Investment Advisors Co. Boosts Position in Ford Motor (NYSE:F)

1834 Investment Advisors Co. raised its stake in Ford Motor (NYSE:F) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 284,777 shares of the auto manufacturer’s stock after purchasing an additional 10,344 shares during the period. 1834 Investment Advisors Co.’s holdings in Ford Motor were worth $2,819,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Quarry LP purchased a new position in shares of Ford Motor in the 2nd quarter valued at $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 shares of Ford Motor during the third quarter worth about $33,000. Access Investment Management LLC acquired a new stake in shares of Ford Motor during the third quarter worth about $34,000. Finally, Modus Advisors LLC purchased a new stake in shares of Ford Motor in the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on F. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $13.00 to $11.00 in a research report on Wednesday. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the stock from $12.00 to $9.00 in a research 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 target price for the company. in a report on Thursday, November 7th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average price target of $11.82.

Ford Motor Trading Down 0.4 %

Shares of F stock opened at $10.12 on Friday. The business’s fifty day moving average price is $10.29 and its 200 day moving average price is $10.84. The firm has a market capitalization of $40.20 billion, a PE ratio of 11.49, a P/E/G ratio of 1.93 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $45.13 billion. During the same period in the prior year, the company posted $0.39 EPS. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, sell-side analysts forecast that Ford Motor will post 1.77 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.93%. 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.