Nebula Research & Development LLC Purchases Shares of 41,934 Ford Motor (NYSE:F)

Nebula Research & Development LLC bought a new position in Ford Motor (NYSE:F - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 41,934 shares of the auto manufacturer's stock, valued at approximately $415,000.

Several other hedge funds have also modified their holdings of the company. Franklin Resources Inc. boosted its stake in Ford Motor by 29.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock worth $15,998,000 after purchasing an additional 336,720 shares in the last quarter. NCP Inc. increased its stake in shares of Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock worth $738,000 after acquiring an additional 28,528 shares during the period. Principal Financial Group Inc. grew its holdings in Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock worth $46,408,000 after acquiring an additional 160,409 shares during the period. Alberta Investment Management Corp raised its position in Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock valued at $1,941,000 after acquiring an additional 91,300 shares in the last quarter. Finally, CHURCHILL MANAGEMENT Corp purchased a new stake in Ford Motor in the 4th quarter worth approximately $10,853,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Up 1.9 %

Shares of NYSE:F traded up $0.19 during midday trading on Thursday, reaching $10.20. 126,497,961 shares of the company's stock were exchanged, compared to its average volume of 73,450,502. The firm's 50 day simple moving average is $9.68 and its two-hundred day simple moving average is $10.10. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week 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. The stock has a market cap of $40.42 billion, a price-to-earnings ratio of 6.98, a P/E/G ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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 forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.88%. Ford Motor's dividend payout ratio is currently 41.10%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on F. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday. Royal Bank of Canada reduced their price objective on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research note on Thursday, February 6th. Barclays lowered their target price on shares of Ford Motor from $10.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 15th. StockNews.com cut shares of Ford Motor from a "hold" rating to a "sell" rating in a research report on Thursday, April 10th. Finally, Piper Sandler decreased their price target on shares of Ford Motor from $13.00 to $9.00 and set a "neutral" rating on the stock in a research note on Thursday, March 20th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $9.83.

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.