Bank of Jackson Hole Trust Acquires New Stake in Ford Motor (NYSE:F)

Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor (NYSE:F) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 2,941 shares of the auto manufacturer’s stock, valued at approximately $29,000.

Other large investors have also recently bought and sold shares of the company. Franklin Resources Inc. boosted its position in shares of Ford Motor by 29.8% during 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. Principal Financial Group Inc. increased its stake in shares of Ford Motor by 3.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after purchasing an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC purchased a new position in Ford Motor in the 3rd quarter valued at approximately $55,456,000. CHURCHILL MANAGEMENT Corp purchased a new position in Ford Motor in the 4th quarter valued at approximately $10,853,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Ford Motor by 12.3% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer’s stock valued at $4,511,000 after purchasing an additional 49,844 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Ford Motor stock opened at $9.38 on Friday. The company’s 50-day moving average price is $9.83 and its 200-day moving average price is $10.43. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85. 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 company has a market cap of $37.16 billion, a PE ratio of 6.42, a price-to-earnings-growth ratio of 0.60 and a beta of 1.63.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (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%. On average, equities research analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have recently issued reports on F. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Finally, Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price 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.