NCP Inc. boosted its stake in shares of Ford Motor (NYSE:F – Free Report) by 62.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 74,520 shares of the auto manufacturer’s stock after purchasing an additional 28,528 shares during the quarter. Ford Motor comprises 0.4% of NCP Inc.’s holdings, making the stock its 28th largest position. NCP Inc.’s holdings in Ford Motor were worth $738,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in F. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor in the 4th quarter valued at about $29,000. Reston Wealth Management LLC acquired a new stake in Ford Motor in the 3rd quarter valued at about $33,000. Kentucky Trust Co bought a new position in shares of Ford Motor in the fourth quarter worth about $31,000. Finally, Access Investment Management LLC acquired a new position in shares of Ford Motor during the third quarter worth approximately $34,000. 58.74% of the stock is owned by institutional investors.
Ford Motor Price Performance
F opened at $9.42 on Wednesday. The company has a fifty day simple moving average of $9.79 and a 200 day simple moving average of $10.43. 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 stock has a market cap of $37.32 billion, a P/E ratio of 6.45, a P/E/G ratio of 0.61 and a beta of 1.63. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85.
Ford Motor Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.37%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. JPMorgan Chase & Co. dropped their target price 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. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Finally, Bank of America cut 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. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average price target of $11.89.
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.
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