Harbor Capital Advisors Inc. Purchases 1,267 Shares of Ford Motor (NYSE:F)

Harbor Capital Advisors Inc. raised its position in Ford Motor (NYSE:FFree Report) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,812 shares of the auto manufacturer’s stock after acquiring an additional 1,267 shares during the period. Harbor Capital Advisors Inc.’s holdings in Ford Motor were worth $513,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP acquired a new position in Ford Motor during the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC acquired a new stake in shares of Ford Motor during the second quarter worth $30,000. Reston Wealth Management LLC purchased a new stake in shares of Ford Motor during the third quarter valued at $33,000. Access Investment Management LLC acquired a new position in shares of Ford Motor in the 3rd quarter valued at $34,000. Finally, Modus Advisors LLC purchased a new position in Ford Motor in the 4th quarter worth $34,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.7 %

F stock opened at $9.78 on Wednesday. The firm has a market cap of $38.87 billion, a PE ratio of 11.11, a PEG ratio of 1.89 and a beta of 1.64. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm’s 50 day moving average price is $10.44 and its 200-day moving average price is $10.97.

Ford Motor (NYSE:FGet Free Report) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.39 EPS. On average, equities research analysts anticipate that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.13%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Analysts Set New Price Targets

Several research analysts recently issued reports on F shares. Barclays 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 report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.83.

Read Our Latest Stock Report on F

About Ford Motor

(Free Report)

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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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