Sage Investment Counsel LLC Makes New $223,000 Investment in Ford Motor (NYSE:F)

Sage Investment Counsel LLC bought a new position in Ford Motor (NYSE:F) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 22,500 shares of the auto manufacturer’s stock, valued at approximately $223,000.

Several other large investors also recently added to or reduced their stakes in F. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after buying an additional 6,348,185 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Ford Motor by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after purchasing an additional 5,270,562 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new position in Ford Motor during the 3rd quarter valued at $55,456,000. Caisse DE Depot ET Placement DU Quebec raised its stake in Ford Motor by 420.2% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock valued at $63,812,000 after purchasing an additional 4,881,105 shares during the last quarter. Finally, National Pension Service raised its stake in Ford Motor by 19.7% during the 3rd quarter. National Pension Service now owns 10,115,052 shares of the auto manufacturer’s stock valued at $106,815,000 after purchasing an additional 1,663,460 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

F has been the subject of several research analyst reports. Wells Fargo & Company cut their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. JPMorgan Chase & Co. 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 note on Friday, February 7th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Evercore ISI cut their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Finally, Royal Bank of Canada cut their target price on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research note on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $11.89.

Ford Motor Trading Up 2.7 %

Shares of Ford Motor stock opened at $9.54 on Friday. The stock has a market capitalization of $37.83 billion, a P/E ratio of 6.54, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a 50-day simple moving average of $9.77 and a 200 day simple moving average of $10.41. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Research analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

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.