Walker Financial Services Inc. Invests $107,000 in Ford Motor (NYSE:F)

Walker Financial Services Inc. bought a new position in shares of Ford Motor (NYSE:F) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,800 shares of the auto manufacturer’s stock, valued at approximately $107,000.

Several other hedge funds have also recently bought and sold shares of F. Quarry LP acquired a new position in shares of Ford Motor during the second quarter worth about $27,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor during the 2nd quarter valued at about $30,000. Reston Wealth Management LLC acquired a new position in Ford Motor during the 3rd quarter worth approximately $33,000. Access Investment Management LLC purchased a new position in Ford Motor in the 3rd quarter worth approximately $34,000. Finally, Modus Advisors LLC acquired a new stake in Ford Motor in the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 1.6 %

Shares of Ford Motor stock opened at $10.17 on Friday. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The company has a market capitalization of $40.43 billion, a P/E ratio of 11.56, a PEG ratio of 1.86 and a beta of 1.64. The business’s fifty day moving average price is $10.38 and its two-hundred day moving average price is $10.94. 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 (NYSE:F) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 EPS. As a group, research analysts forecast that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed 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 annualized dividend and a dividend yield of 5.90%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on F. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $11.83.

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.