Albion Financial Group UT Acquires 1,000 Shares of Ford Motor (NYSE:F)

Albion Financial Group UT increased its holdings in shares of Ford Motor (NYSE:F) by 38.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,600 shares of the auto manufacturer’s stock after purchasing an additional 1,000 shares during the quarter. Albion Financial Group UT’s holdings in Ford Motor were worth $36,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Ensign Peak Advisors Inc raised its stake in shares of Ford Motor by 40.5% during the 2nd quarter. Ensign Peak Advisors Inc now owns 589,197 shares of the auto manufacturer’s stock worth $7,389,000 after purchasing an additional 169,725 shares in the last quarter. ProShare Advisors LLC increased its holdings in Ford Motor by 7.4% during the second quarter. ProShare Advisors LLC now owns 600,449 shares of the auto manufacturer’s stock worth $7,530,000 after buying an additional 41,229 shares during the last quarter. 1832 Asset Management L.P. raised its position in Ford Motor by 154.2% during the second quarter. 1832 Asset Management L.P. now owns 6,384 shares of the auto manufacturer’s stock worth $80,000 after acquiring an additional 3,873 shares in the last quarter. DRW Securities LLC acquired a new stake in Ford Motor in the second quarter valued at $161,000. Finally, Public Sector Pension Investment Board grew its position in shares of Ford Motor by 76.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 153,112 shares of the auto manufacturer’s stock valued at $1,920,000 after acquiring an additional 66,123 shares during the period. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on F shares. Barclays downgraded 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. 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. Deutsche Bank Aktiengesellschaft decreased their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and raised their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Finally, Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.67.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $10.04 on Thursday. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $39.88 billion, a price-to-earnings ratio of 11.40, a price-to-earnings-growth ratio of 1.96 and a beta of 1.64. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The company has a 50-day simple moving average of $10.35 and a two-hundred day simple moving average of $10.88.

Ford Motor (NYSE:F) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. Analysts forecast that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.98%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

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.