Bedel Financial Consulting Inc. Purchases Shares of 16,190 Ford Motor (NYSE:F)

Bedel Financial Consulting Inc. acquired a new stake in Ford Motor (NYSE:F) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 16,190 shares of the auto manufacturer’s stock, valued at approximately $162,000.

Several other institutional investors have also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new stake in Ford Motor in the fourth quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor in the 4th quarter valued at about $29,000. Kentucky Trust Co acquired a new position in shares of Ford Motor in the 4th quarter valued at about $31,000. Crewe Advisors LLC boosted its stake in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,068 shares during the last quarter. Finally, Access Investment Management LLC acquired a new stake in Ford Motor during the third quarter worth about $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Bank of America decreased their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Evercore ISI cut 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. Finally, Wells Fargo & Company lowered their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor has an average rating of “Hold” and a consensus price target of $11.89.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $9.14 on Wednesday. The stock has a market capitalization of $36.21 billion, a P/E ratio of 6.26, a PEG ratio of 0.61 and a beta of 1.63. The business has a 50 day simple moving average of $9.74 and a two-hundred day simple moving average of $10.40. Ford Motor has a 12 month low of $9.06 and a 12 month high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F) last posted 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%. As a group, analysts predict 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. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.57%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

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.