L.M. Kohn & Company decreased its stake in shares of Ford Motor (NYSE:F – Free Report) by 7.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,977 shares of the auto manufacturer’s stock after selling 2,257 shares during the quarter. L.M. Kohn & Company’s holdings in Ford Motor were worth $287,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of F. Assenagon Asset Management S.A. boosted 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 worth $93,830,000 after acquiring an additional 8,824,000 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its position in shares of 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 valued at $126,477,000 after purchasing an additional 6,348,185 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Ford Motor by 4.5% in the 3rd 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. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor in the 3rd quarter valued at about $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Ford Motor by 420.2% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock valued at $63,812,000 after purchasing an additional 4,881,105 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.
Wall Street Analysts Forecast Growth
F has been the subject of a number of research analyst reports. Bank of America decreased their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Evercore ISI decreased their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. JPMorgan Chase & Co. decreased their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Finally, Royal Bank of Canada lowered their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $11.89.
Ford Motor Stock Up 1.3 %
F opened at $9.48 on Monday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. The business has a 50 day simple moving average of $9.92 and a 200-day simple moving average of $10.47. The stock has a market capitalization of $37.66 billion, a P/E ratio of 6.49, a P/E/G ratio of 1.80 and a beta of 1.63. Ford Motor has a 12 month low of $9.10 and a 12 month high of $14.85.
Ford Motor (NYSE:F – Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. On average, equities analysts anticipate that Ford Motor will post 1.7 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.33%. Ford Motor’s dividend payout ratio is presently 41.10%.
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.
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