Avanza Fonder AB Invests $4 Million in Ford Motor (NYSE:F)

Avanza Fonder AB acquired a new position in Ford Motor (NYSE:F - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 403,951 shares of the auto manufacturer's stock, valued at approximately $3,999,000.

A number of other hedge funds have also bought and sold shares of F. Assenagon Asset Management S.A. boosted its position in shares of Ford Motor by 14,373.9% in the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer's stock valued at $93,830,000 after acquiring an additional 8,824,000 shares during the period. Jacobs Levy Equity Management Inc. boosted its holdings in 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. grew its position in shares of Ford Motor by 4.5% during 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 in the last quarter. Worldquant Millennium Advisors LLC bought a new position in shares of Ford Motor in the third quarter worth $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec raised its position in shares of Ford Motor by 420.2% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer's stock worth $63,812,000 after buying an additional 4,881,105 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on F. Jefferies Financial Group cut shares of Ford Motor from a "hold" rating to an "underperform" rating and decreased their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research report on Wednesday, October 30th. Sanford C. Bernstein cut Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Morgan Stanley lowered Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Wolfe Research reissued an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $11.83.

Ford Motor Stock Up 1.6 %

NYSE F traded up $0.16 during mid-day trading on Friday, reaching $10.17. The stock had a trading volume of 60,707,245 shares, compared to its average volume of 53,436,516. The company has a fifty day moving average price of $10.38 and a 200 day moving average price of $10.94. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The stock has a market cap of $40.43 billion, a PE ratio of 11.56, a price-to-earnings-growth ratio of 1.86 and a beta of 1.64.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.39 earnings per share. On average, research analysts expect that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date of this dividend was Thursday, November 7th. 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.