ING Groep NV Boosts Holdings in Ford Motor Company $F

ING Groep NV grew its stake in Ford Motor Company (NYSE:F) by 2,406.3% during the 3rd quarter, Holdings Channel reports. The firm owned 266,771 shares of the auto manufacturer’s stock after purchasing an additional 256,127 shares during the quarter. ING Groep NV’s holdings in Ford Motor were worth $3,191,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Caxton Associates LLP acquired a new stake in Ford Motor in the 1st quarter worth about $304,000. Empowered Funds LLC raised its holdings in shares of Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock valued at $1,482,000 after acquiring an additional 43,385 shares during the last quarter. MGO One Seven LLC lifted its position in shares of Ford Motor by 74.7% in the second quarter. MGO One Seven LLC now owns 91,275 shares of the auto manufacturer’s stock valued at $990,000 after acquiring an additional 39,041 shares in the last quarter. TD Asset Management Inc boosted its stake in shares of Ford Motor by 2.5% in the second quarter. TD Asset Management Inc now owns 1,734,334 shares of the auto manufacturer’s stock worth $18,818,000 after acquiring an additional 41,715 shares during the last quarter. Finally, Sagespring Wealth Partners LLC increased its position in shares of Ford Motor by 49.8% during the second quarter. Sagespring Wealth Partners LLC now owns 53,157 shares of the auto manufacturer’s stock worth $577,000 after purchasing an additional 17,666 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $14.10 on Friday. The company’s 50-day moving average is $13.62 and its two-hundred day moving average is $12.66. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.50. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.98. The firm has a market capitalization of $56.16 billion, a price-to-earnings ratio of -6.84, a PEG ratio of 5.93 and a beta of 1.66.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, February 10th. The auto manufacturer reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. The firm had revenue of $45.89 billion for the quarter, compared to analysts’ expectations of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The firm’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.39 earnings per share. Analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. Ford Motor’s dividend payout ratio is currently -29.13%.

Analyst Ratings Changes

A number of research analysts have weighed in on F shares. HSBC raised their price objective on Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a report on Tuesday, January 13th. UBS Group raised their price target on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Barclays upped their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “sell” rating in a report on Saturday. Finally, Citigroup boosted their target price on Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $13.02.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.