Royal Fund Management LLC Has $253,000 Position in Ford Motor (NYSE:F)

Royal Fund Management LLC trimmed its position in Ford Motor (NYSE:F) by 38.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,511 shares of the auto manufacturer’s stock after selling 15,859 shares during the quarter. Royal Fund Management LLC’s holdings in Ford Motor were worth $253,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on F. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Up 2.6 %

Shares of NYSE F opened at $10.44 on Wednesday. The company has a market cap of $41.51 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 1.96 and a beta of 1.64. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The stock has a 50-day moving average price of $10.36 and a two-hundred day moving average price of $10.89.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during 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%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.39 EPS. As a group, analysts forecast that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.74%. Ford Motor’s payout ratio is presently 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.