Ford Motor (NYSE:F) Shares Bought by Harbour Investments Inc.

Harbour Investments Inc. grew its holdings in Ford Motor (NYSE:F) by 53.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 164,521 shares of the auto manufacturer’s stock after buying an additional 57,301 shares during the period. Harbour Investments Inc.’s holdings in Ford Motor were worth $1,629,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Franklin Resources Inc. raised its position in shares of Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after buying an additional 336,720 shares during the last quarter. NCP Inc. raised its position in shares of Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock valued at $738,000 after buying an additional 28,528 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after purchasing an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new stake in shares of Ford Motor in the third quarter valued at about $55,456,000. Finally, Alberta Investment Management Corp grew its holdings in shares of Ford Motor by 87.1% in the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock valued at $1,941,000 after purchasing an additional 91,300 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

Ford Motor stock opened at $9.94 on Tuesday. The stock has a market cap of $39.38 billion, a P/E ratio of 6.80, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a fifty day simple moving average of $9.71 and a 200-day simple moving average of $10.32. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85.

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

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.04%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Analysts Set New Price Targets

F has been the subject of a number of analyst reports. BNP Paribas raised shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Evercore ISI dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average target price of $11.68.

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.