Grandview Asset Management LLC Purchases New Holdings in Ford Motor (NYSE:F)

Grandview Asset Management LLC acquired a new position in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 27,141 shares of the auto manufacturer’s stock, valued at approximately $269,000.

A number of other institutional investors have also recently bought and sold shares of F. Quarry LP purchased a new stake in shares of Ford Motor during the 2nd quarter worth approximately $27,000. Kimelman & Baird LLC bought a new position in Ford Motor during the second quarter valued at $30,000. Reston Wealth Management LLC purchased a new stake in Ford Motor in the third quarter worth $33,000. Access Investment Management LLC bought a new stake in shares of Ford Motor in the third quarter valued at $34,000. Finally, Modus Advisors LLC purchased a new position in shares of Ford Motor during the 4th quarter valued at $34,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $9.71 on Tuesday. The stock has a market cap of $38.59 billion, a price-to-earnings ratio of 11.03, a PEG ratio of 1.89 and a beta of 1.64. 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 business has a 50-day simple moving average of $10.46 and a 200 day simple moving average of $10.99. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.39 earnings per share. On average, research analysts forecast that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.18%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Wall Street Analyst Weigh In

F has been the subject of several recent research reports. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Finally, Barclays cut their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $11.83.

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.