Financial Counselors Inc. Acquires 11,630 Shares of Ford Motor (NYSE:F)

Financial Counselors Inc. raised its stake in shares of Ford Motor (NYSE:F) by 1.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 845,195 shares of the auto manufacturer’s stock after purchasing an additional 11,630 shares during the quarter. Financial Counselors Inc.’s holdings in Ford Motor were worth $8,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Assenagon Asset Management S.A. increased its position in shares of Ford Motor by 14,373.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock valued at $93,830,000 after purchasing an additional 8,824,000 shares during the last quarter. Dimensional Fund Advisors LP grew its position 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 acquiring an additional 7,793,944 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake 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 worth $1,294,752,000 after acquiring an additional 5,270,562 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of 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 worth $50,160,000 after acquiring an additional 3,281,800 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Ford Motor by 103.6% in the 2nd quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock worth $60,844,000 after acquiring an additional 2,497,695 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the topic of a number of analyst reports. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays decreased their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. Wolfe Research initiated coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $12.02.

Ford Motor Price Performance

Shares of NYSE:F opened at $11.10 on Friday. The firm has a market capitalization of $44.11 billion, a P/E ratio of 12.61, a P/E/G ratio of 2.08 and a beta of 1.62. 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 stock has a 50 day moving average price of $10.85 and a 200-day moving average price of $11.44. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings data 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 return on equity of 16.16% and a net margin of 1.93%. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the company earned $0.39 earnings per share. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.41%. Ford Motor’s payout ratio is 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.