Stevens Capital Management LP Acquires Shares of 36,433 Ford Motor (NYSE:F)

Stevens Capital Management LP acquired a new stake in shares of Ford Motor (NYSE:F) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 36,433 shares of the auto manufacturer’s stock, valued at approximately $361,000.

Several other large investors have also bought and sold shares of F. Hager Investment Management Services LLC bought a new position in Ford Motor during the 4th quarter valued at $26,000. Bank of Jackson Hole Trust bought a new position in Ford Motor during the 4th quarter valued at $29,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Ford Motor during the 4th quarter valued at $30,000. Kentucky Trust Co purchased a new stake in shares of Ford Motor during the 4th quarter valued at $31,000. Finally, Crewe Advisors LLC increased its position in shares of 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. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Piper Sandler decreased their target price on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday. BNP Paribas raised Ford Motor to a “hold” rating in a research report on Monday, February 10th. JPMorgan Chase & Co. decreased 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. Royal Bank of Canada decreased their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Finally, Bank of America decreased their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.50.

Ford Motor Stock Up 0.3 %

F stock opened at $10.05 on Monday. 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 firm has a market capitalization of $39.81 billion, a PE ratio of 6.88, a PEG ratio of 0.61 and a beta of 1.59. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85. The stock has a 50-day simple moving average of $9.73 and a two-hundred day simple moving average of $10.29.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is presently 41.10%.

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.