Meiji Yasuda Asset Management Co Ltd. Has $624,000 Stock Holdings in Ford Motor (NYSE:F)

Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Ford Motor (NYSE:F) by 3.1% during the 4th quarter, Holdings Channel reports. The firm owned 63,043 shares of the auto manufacturer’s stock after buying an additional 1,905 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in Ford Motor were worth $624,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in F. Potentia Wealth bought a new stake in shares of Ford Motor in the 4th quarter valued at about $345,000. EntryPoint Capital LLC bought a new stake in Ford Motor in the fourth quarter valued at approximately $144,000. CoreFirst Bank & Trust bought a new position in shares of Ford Motor during the 4th quarter worth approximately $69,000. Grantvest Financial Group LLC acquired a new position in shares of Ford Motor during the 4th quarter worth approximately $190,000. Finally, Woodmont Investment Counsel LLC raised its stake in Ford Motor by 5.5% in the 4th quarter. Woodmont Investment Counsel LLC now owns 23,905 shares of the auto manufacturer’s stock valued at $237,000 after acquiring an additional 1,250 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 3.7 %

F opened at $9.92 on Friday. The stock has a market capitalization of $39.30 billion, a price-to-earnings ratio of 6.79, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85. The company has a 50-day simple moving average of $9.76 and a 200 day simple moving average of $10.28.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.05%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.

Analysts Set New Price Targets

A number of equities analysts have commented on F shares. Royal Bank of Canada reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. TD Cowen assumed coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.37.

Ford Motor 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.