Olympiad Research LP Decreases Stake in Ford Motor (NYSE:F)

Olympiad Research LP reduced its position in Ford Motor (NYSE:F) by 9.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,252 shares of the auto manufacturer’s stock after selling 3,628 shares during the period. Olympiad Research LP’s holdings in Ford Motor were worth $329,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Hager Investment Management Services LLC purchased a new stake in Ford Motor during the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust purchased a new stake in Ford Motor during the fourth quarter valued at approximately $29,000. Reston Wealth Management LLC purchased a new stake in Ford Motor during the third quarter valued at approximately $33,000. Kentucky Trust Co purchased a new stake in Ford Motor during the fourth quarter valued at approximately $31,000. Finally, Access Investment Management LLC purchased a new stake in Ford Motor during the third quarter valued at approximately $34,000. 58.74% of the stock is currently 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 52-week low of $9.10 and a 52-week high of $14.85. The stock has a market cap of $36.80 billion, a P/E ratio of 6.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The business’s 50 day moving average is $9.81 and its 200 day moving average is $10.44. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) 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%. Sell-side analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

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

Analyst Upgrades and Downgrades

F has been the topic of a number of recent research reports. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. BNP Paribas upgraded Ford Motor to a “hold” rating in a report on Monday, February 10th. Wells Fargo & Company reduced their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft reduced their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Finally, Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average 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.