Certified Advisory Corp decreased its position in Ford Motor (NYSE:F – Free Report) by 12.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,576 shares of the auto manufacturer’s stock after selling 2,383 shares during the period. Certified Advisory Corp’s holdings in Ford Motor were worth $164,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 4.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after purchasing an additional 5,270,562 shares during the period. Geode Capital Management LLC increased its holdings in Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after buying an additional 1,336,676 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Ford Motor by 1.0% during the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after purchasing an additional 318,715 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Ford Motor by 2.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after buying an additional 636,330 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in Ford Motor by 112.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after purchasing an additional 6,348,185 shares during 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 firms have issued reports on F. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Barclays cut their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $11.83.
Ford Motor Trading Up 1.6 %
F stock opened at $10.17 on Friday. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The company has a market capitalization of $40.43 billion, a PE ratio of 11.56, a price-to-earnings-growth ratio of 1.86 and a beta of 1.64. The company’s 50-day simple moving average is $10.40 and its 200 day simple moving average is $10.96. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.
Ford Motor (NYSE:F – Get Free Report) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the prior year, the business posted $0.39 EPS. The business’s revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Ford Motor will post 1.77 earnings per share for the current year.
Ford Motor Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.90%. Ford Motor’s dividend payout ratio is presently 68.18%.
Ford Motor Company 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.
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