M.E. Allison & CO. Inc. Takes $513,000 Position in Ford Motor (NYSE:F)

M.E. Allison & CO. Inc. bought a new stake in shares of Ford Motor (NYSE:F) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 51,830 shares of the auto manufacturer’s stock, valued at approximately $513,000.

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on F shares. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research report on Thursday, November 7th. Barclays lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus price target of $11.83.

Ford Motor Stock Up 1.6 %

Shares of NYSE:F opened at $10.17 on Monday. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company has a market capitalization of $40.43 billion, a PE ratio of 11.56, a PEG ratio of 1.86 and a beta of 1.64. The company has a 50 day moving average price of $10.38 and a two-hundred day moving average price of $10.92.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Analysts forecast that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Dividend Announcement

The business 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. This represents a $0.60 annualized dividend and a dividend yield of 5.90%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is 68.18%.

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.