Dahring Cusmano LLC Takes $105,000 Position in Ford Motor (NYSE:F)

Dahring Cusmano LLC bought a new stake in Ford Motor (NYSE:F) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,624 shares of the auto manufacturer’s stock, valued at approximately $105,000.

A number of other institutional investors and hedge funds have also made changes to their positions in F. Eastern Bank purchased a new stake in shares of Ford Motor in the third quarter valued at about $113,000. International Assets Investment Management LLC grew its position in Ford Motor by 1,215.6% during the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock worth $28,444,000 after buying an additional 2,488,850 shares during the period. Financial Partners Group LLC grew its position in Ford Motor by 8.3% during the third quarter. Financial Partners Group LLC now owns 75,736 shares of the auto manufacturer’s stock worth $800,000 after buying an additional 5,803 shares during the period. Blackston Financial Advisory Group LLC grew its position in Ford Motor by 9.9% during the third quarter. Blackston Financial Advisory Group LLC now owns 20,995 shares of the auto manufacturer’s stock worth $222,000 after buying an additional 1,892 shares during the period. Finally, Legacy Wealth Asset Management LLC grew its position in Ford Motor by 3.1% during the third quarter. Legacy Wealth Asset Management LLC now owns 51,306 shares of the auto manufacturer’s stock worth $542,000 after buying an additional 1,544 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Down 1.1 %

Shares of NYSE F opened at $9.29 on Friday. Ford Motor has a 1 year low of $9.10 and a 1 year high of $14.85. The firm’s 50 day moving average price is $9.81 and its 200 day moving average price is $10.43. The firm has a market cap of $36.80 billion, a P/E ratio of 6.36, a price-to-earnings-growth ratio of 0.60 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on F shares. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Bank of America lowered their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $11.89.

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.