Bank of Jackson Hole Trust Takes Position in Ford Motor (NYSE:F)

Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, Holdings Channel.com reports. The fund purchased 2,941 shares of the auto manufacturer’s stock, valued at approximately $29,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. lifted its holdings in Ford Motor by 4.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after purchasing an additional 5,270,562 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after buying an additional 1,336,676 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Ford Motor by 2.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after buying an additional 636,330 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of Ford Motor by 112.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after buying an additional 6,348,185 shares during the last quarter. Finally, Swiss National Bank raised its position in shares of Ford Motor by 0.7% in the third quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock valued at $122,917,000 after buying an additional 84,600 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Up 0.4 %

NYSE F opened at $9.38 on Friday. The firm has a 50 day simple moving average of $9.83 and a 200-day simple moving average of $10.43. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a one year low of $9.10 and a one year high of $14.85. The firm has a market cap of $37.16 billion, a price-to-earnings ratio of 6.42, a PEG ratio of 0.60 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.40%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

Analysts Set New Price Targets

A number of brokerages have recently commented on F. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. JPMorgan Chase & Co. reduced their target price on shares of 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 cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.