Keynote Financial Services LLC decreased its position in Ford Motor (NYSE:F – Free Report) by 3.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 63,330 shares of the auto manufacturer’s stock after selling 2,175 shares during the period. Keynote Financial Services LLC’s holdings in Ford Motor were worth $627,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor during the 4th quarter worth about $29,000. Reston Wealth Management LLC purchased a new position in Ford Motor during the 3rd quarter valued at about $33,000. Kentucky Trust Co acquired a new position in shares of Ford Motor in the 4th quarter valued at about $31,000. Finally, Access Investment Management LLC purchased a new stake in shares of Ford Motor in the third quarter worth approximately $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.
Ford Motor Trading Up 2.7 %
Shares of F stock opened at $9.54 on Friday. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85. The company has a market cap of $37.83 billion, a PE 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 business’s 50 day moving average is $9.77 and its two-hundred day moving average is $10.42.
Ford Motor Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.29%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.
Analyst Ratings Changes
A number of research analysts recently commented on F shares. JPMorgan Chase & Co. 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 Friday, February 7th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Bank of America dropped their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $11.89.
Check Out Our Latest Research Report on Ford Motor
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.
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