KCM Investment Advisors LLC Acquires 7,504 Shares of Ford Motor (NYSE:F)

KCM Investment Advisors LLC increased its holdings in shares of Ford Motor (NYSE:F) by 32.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 30,499 shares of the auto manufacturer’s stock after purchasing an additional 7,504 shares during the period. KCM Investment Advisors LLC’s holdings in Ford Motor were worth $302,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor during the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new stake in Ford Motor during the 4th quarter worth $29,000. Flagship Wealth Advisors LLC acquired a new position in Ford Motor in the 4th quarter worth about $30,000. Kentucky Trust Co bought a new position in Ford Motor in the fourth quarter valued at about $31,000. Finally, Crewe Advisors LLC boosted its stake in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on F. TD Cowen began coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 price objective for the company. Wells Fargo & Company lowered their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Royal Bank of Canada cut their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. JPMorgan Chase & Co. decreased their target price on shares of Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Finally, Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, Ford Motor has an average rating of “Hold” and a consensus price target of $11.37.

Ford Motor Price Performance

Shares of NYSE F opened at $9.58 on Monday. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85. The firm has a market capitalization of $37.95 billion, a P/E ratio of 6.56, a P/E/G ratio of 0.61 and a beta of 1.41. The firm’s 50-day moving average price is $9.72 and its 200-day moving average price is $10.24. 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 (NYSE:F) last released its quarterly earnings data 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 research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.27%. Ford Motor’s payout ratio is 41.10%.

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.