Americana Partners LLC Purchases New Shares in Ford Motor (NYSE:F)

Americana Partners LLC acquired a new position in Ford Motor (NYSE:F) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 370,525 shares of the auto manufacturer’s stock, valued at approximately $3,668,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Csenge Advisory Group grew its position in shares of Ford Motor by 81.3% during the fourth quarter. Csenge Advisory Group now owns 117,148 shares of the auto manufacturer’s stock worth $1,160,000 after buying an additional 52,543 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in Ford Motor during the 4th quarter valued at $213,000. Allworth Financial LP grew its holdings in Ford Motor by 8.5% during the 4th quarter. Allworth Financial LP now owns 164,760 shares of the auto manufacturer’s stock worth $1,653,000 after acquiring an additional 12,919 shares in the last quarter. Aveo Capital Partners LLC increased its position in shares of Ford Motor by 9.3% in the 4th quarter. Aveo Capital Partners LLC now owns 20,639 shares of the auto manufacturer’s stock worth $204,000 after purchasing an additional 1,759 shares during the last quarter. Finally, ABC Arbitrage SA acquired a new stake in shares of Ford Motor in the 4th quarter valued at about $1,012,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Shares of F stock opened at $9.48 on Tuesday. The business has a 50 day simple moving average of $9.92 and a 200 day simple moving average of $10.46. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. The firm has a market capitalization of $37.66 billion, a price-to-earnings ratio of 6.49, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities research analysts anticipate that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.33%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Analysts Set New Price Targets

F has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft lowered their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Bank of America lowered their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. JPMorgan Chase & Co. reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Sanford C. Bernstein lowered 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 research note on Thursday, November 7th. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.89.

About Ford Motor

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.