Metis Global Partners LLC Boosts Position in Ford Motor (NYSE:F)

Metis Global Partners LLC lifted its holdings in shares of Ford Motor (NYSE:F) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,648 shares of the auto manufacturer’s stock after purchasing an additional 6,555 shares during the quarter. Metis Global Partners LLC’s holdings in Ford Motor were worth $1,303,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new position in shares of Ford Motor during the fourth quarter worth about $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor during the fourth quarter worth about $29,000. Kentucky Trust Co purchased a new position in shares of Ford Motor during the fourth quarter worth about $31,000. Crewe Advisors LLC grew its holdings in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares in the last quarter. Finally, Access Investment Management LLC purchased a new position in shares of Ford Motor during the third quarter worth about $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F stock opened at $9.39 on Tuesday. 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 fifty-two week low of $9.10 and a fifty-two week high of $14.85. The stock has a 50 day moving average price of $9.76 and a two-hundred day moving average price of $10.41. The company has a market capitalization of $37.22 billion, a P/E ratio of 6.43, a PEG ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating 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%. Analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.39%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Bank of America dropped 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. JPMorgan Chase & Co. dropped 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. Finally, Royal Bank of Canada dropped 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. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $11.89.

Ford Motor 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.