Keybank National Association OH boosted its holdings in shares of Ford Motor (NYSE:F – Free Report) by 9.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 122,266 shares of the auto manufacturer’s stock after purchasing an additional 10,586 shares during the quarter. Keybank National Association OH’s holdings in Ford Motor were worth $1,210,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after acquiring an additional 6,497,321 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its holdings 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 acquiring an additional 6,348,185 shares during the last quarter. Worldquant Millennium Advisors LLC bought a new stake in shares of Ford Motor in the 3rd quarter valued at approximately $55,456,000. Caisse DE Depot ET Placement DU Quebec boosted its position in Ford Motor by 420.2% during 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. Finally, Geode Capital Management LLC boosted its position in Ford Motor by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after purchasing an additional 1,336,676 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. reduced 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 Friday, February 7th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. TD Cowen assumed coverage on Ford Motor in a research report on Friday. They set a “hold” rating and a $10.00 price objective for the company. BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $11.77.
Ford Motor Stock Up 3.1 %
F opened at $9.91 on Friday. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock’s fifty day moving average is $9.72 and its 200-day moving average is $10.38. The company has a market capitalization of $39.26 billion, a PE ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.59.
Ford Motor (NYSE:F – Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts’ consensus estimates 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 predict that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.
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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