Ford Motor (NYSE:F) Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its holdings in Ford Motor (NYSE:F) by 5.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 466,153 shares of the auto manufacturer’s stock after acquiring an additional 23,216 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Ford Motor were worth $4,922,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in F. Assenagon Asset Management S.A. boosted its holdings in Ford Motor by 14,373.9% during the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after buying an additional 8,824,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Ford Motor by 27.4% during the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after purchasing an additional 7,793,944 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Ford Motor by 456.9% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock valued at $50,160,000 after purchasing an additional 3,281,800 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Ford Motor by 103.6% during the second quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock valued at $60,844,000 after purchasing an additional 2,497,695 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in Ford Motor by 1,215.6% during the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock valued at $28,444,000 after purchasing an additional 2,488,850 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $11.23 on Tuesday. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The stock has a market cap of $44.63 billion, a P/E ratio of 12.76, a PEG ratio of 1.99 and a beta of 1.62. The company has a 50-day moving average price of $10.77 and a 200 day moving average price of $11.55. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $45.13 billion. During the same period last year, the business earned $0.39 earnings per share. Ford Motor’s revenue was up 5.5% compared to the same quarter last year. Sell-side analysts anticipate that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on F shares. Evercore ISI raised shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Wells Fargo & Company decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Barclays decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.02.

About Ford Motor

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.