Michels Family Financial LLC Purchases Shares of 60,877 Ford Motor (NYSE:F)

Michels Family Financial LLC bought a new stake in shares of Ford Motor (NYSE:F - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 60,877 shares of the auto manufacturer's stock, valued at approximately $603,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tallon Kerry Patrick purchased a new stake in shares of Ford Motor during the fourth quarter worth about $116,000. Merit Financial Group LLC lifted its stake in shares of Ford Motor by 22.8% during the fourth quarter. Merit Financial Group LLC now owns 54,798 shares of the auto manufacturer's stock worth $542,000 after buying an additional 10,181 shares during the period. UMB Bank n.a. lifted its stake in shares of Ford Motor by 11.3% during the fourth quarter. UMB Bank n.a. now owns 17,604 shares of the auto manufacturer's stock worth $174,000 after buying an additional 1,785 shares during the period. Ballentine Partners LLC grew its holdings in shares of Ford Motor by 37.8% during the fourth quarter. Ballentine Partners LLC now owns 22,838 shares of the auto manufacturer's stock valued at $226,000 after buying an additional 6,259 shares during the last quarter. Finally, Hedges Asset Management LLC increased its position in shares of Ford Motor by 40.0% in the 4th quarter. Hedges Asset Management LLC now owns 113,700 shares of the auto manufacturer's stock valued at $1,126,000 after acquiring an additional 32,500 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on F shares. Citigroup raised their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. BNP Paribas upgraded Ford Motor to a "hold" rating in a research report on Monday, February 10th. Bank of America reduced their target price on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research note on Thursday, February 6th. The Goldman Sachs Group lifted their price target on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Finally, Wells Fargo & Company reduced their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $10.03.

Ford Motor Price Performance

Shares of F stock traded down $0.09 during trading hours on Wednesday, reaching $10.23. The company had a trading volume of 61,616,060 shares, compared to its average volume of 76,647,187. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market capitalization of $40.66 billion, a price-to-earnings ratio of 7.01, a PEG ratio of 0.61 and a beta of 1.53. The stock has a fifty day moving average of $9.99 and a 200-day moving average of $10.04.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The business had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. During the same period last year, the company earned $0.49 EPS. The company's revenue for the quarter was down 6.2% on a year-over-year basis. On average, equities analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.87%. Ford Motor's payout ratio is 48.00%.

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.