Stevens Capital Management LP Invests $361,000 in Ford Motor (NYSE:F)

Stevens Capital Management LP bought a new position in Ford Motor (NYSE:F) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 36,433 shares of the auto manufacturer’s stock, valued at approximately $361,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $29,000. Flagship Wealth Advisors LLC acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $30,000. Kentucky Trust Co acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $31,000. Finally, Crewe Advisors LLC increased its stake in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after buying an additional 2,068 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $10.05 on Monday. The stock has a market capitalization of $39.81 billion, a price-to-earnings ratio of 6.88, a PEG ratio of 0.61 and a beta of 1.59. Ford Motor has a 52-week low of $9.06 and a 52-week high of $14.85. The stock’s 50 day moving average price is $9.73 and its two-hundred day moving average price is $10.29. 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 (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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 earnings per share for the current year.

Ford Motor Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on F shares. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Wells Fargo & Company lowered their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Piper Sandler decreased their target price on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday. Royal Bank of Canada decreased their target price on shares of 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, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $11.50.

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.