3,396 Shares in Ford Motor (NYSE:F) Purchased by Modus Advisors LLC

Modus Advisors LLC bought a new stake in Ford Motor (NYSE:F) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,396 shares of the auto manufacturer’s stock, valued at approximately $34,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of F. Quarry LP bought a new stake in shares of Ford Motor in the 2nd quarter worth approximately $27,000. Kimelman & Baird LLC bought a new stake in shares of 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 3rd quarter valued at $33,000. Access Investment Management LLC bought a new position in shares of Ford Motor during the 3rd quarter worth $34,000. Finally, Truvestments Capital LLC purchased a new stake in Ford Motor in the 3rd quarter worth about $37,000. 58.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on F. Barclays cut their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft cut their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Four 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. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Performance

Ford Motor stock opened at $9.88 on Friday. Ford Motor has a fifty-two week low of $9.49 and a fifty-two 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 stock has a market cap of $39.27 billion, a P/E ratio of 11.23, a price-to-earnings-growth ratio of 1.90 and a beta of 1.64. The firm’s fifty day moving average price is $10.57 and its 200-day moving average price is $11.11.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 earnings per share. On average, equities research analysts expect that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is currently 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.