Ford Motor (NYSE:F) Shares Purchased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. boosted its holdings in Ford Motor (NYSE:F) by 4.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,000 shares of the auto manufacturer’s stock after purchasing an additional 3,000 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Ford Motor were worth $683,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. increased its stake in 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 purchasing an additional 336,720 shares during the last quarter. NCP Inc. increased its stake in 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 purchasing an additional 28,528 shares during the last quarter. Principal Financial Group Inc. increased its stake in 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 last quarter. Worldquant Millennium Advisors LLC acquired a new position in Ford Motor in the third quarter valued at $55,456,000. Finally, Alberta Investment Management Corp increased its stake in 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 last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Up 0.3 %

Shares of F opened at $10.05 on Monday. The company has a market capitalization of $39.81 billion, a P/E ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a 50-day moving average price of $9.73 and a 200 day moving average price of $10.29.

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%. Sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced 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. This represents a $0.60 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Analysts Set New Price Targets

F has been the subject of several analyst reports. Royal Bank of Canada dropped their target price on 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. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. TD Cowen started coverage on Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 price target for the company. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, JPMorgan Chase & Co. dropped their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $11.50.

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.