Kazazian Asset Management LLC Takes Position in Ford Motor (NYSE:F)

Kazazian Asset Management LLC purchased a new stake in Ford Motor (NYSE:F) during the 4th quarter, HoldingsChannel reports. The fund purchased 15,388 shares of the auto manufacturer’s stock, valued at approximately $152,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new position in Ford Motor in the 4th quarter worth approximately $26,000. Bank of Jackson Hole Trust purchased a new position in Ford Motor in the 4th quarter worth $29,000. Flagship Wealth Advisors LLC bought a new stake in shares of Ford Motor in the 4th quarter valued at about $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the 4th quarter valued at about $31,000. Finally, Crewe Advisors LLC raised its position in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on F. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. JPMorgan Chase & Co. lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Evercore ISI reduced their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday, February 10th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $11.68.

Ford Motor Stock Performance

Ford Motor stock opened at $9.95 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market capitalization of $39.42 billion, a P/E ratio of 6.81, a PEG ratio of 0.61 and a beta of 1.59. The stock’s 50 day moving average is $9.71 and its 200 day moving average is $10.31. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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%. On average, equities research analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.03%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

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.