Twin Capital Management Inc. Acquires 2,087 Shares of Ford Motor (NYSE:F)

Twin Capital Management Inc. grew its holdings in shares of Ford Motor (NYSE:F) by 1.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 183,829 shares of the auto manufacturer’s stock after buying an additional 2,087 shares during the period. Twin Capital Management Inc.’s holdings in Ford Motor were worth $1,820,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Hager Investment Management Services LLC bought a new stake in Ford Motor in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $29,000. Flagship Wealth Advisors LLC acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $30,000. Kentucky Trust Co bought a new position in shares of Ford Motor in the 4th quarter worth $31,000. Finally, Crewe Advisors LLC increased its stake in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on F shares. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. BNP Paribas raised Ford Motor to a “hold” rating in a report on Monday, February 10th. Wells Fargo & Company dropped their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. TD Cowen started coverage on Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 price target for the company. Finally, Piper Sandler dropped their price objective on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, March 20th. 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 company’s stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average price target of $11.37.

Ford Motor Trading Down 3.7 %

Shares of F stock opened at $9.23 on Tuesday. Ford Motor has a 12-month low of $9.00 and a 12-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 50 day moving average of $9.69 and a 200-day moving average of $10.23. The firm has a market cap of $36.58 billion, a P/E ratio of 6.32, a PEG ratio of 0.61 and a beta of 1.41.

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, 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%. Sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.50%. Ford Motor’s dividend payout ratio is presently 41.10%.

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.