Banco Santander S.A. Decreases Holdings in Ford Motor (NYSE:F)

Banco Santander S.A. cut its stake in shares of Ford Motor (NYSE:F - Free Report) by 65.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 290,690 shares of the auto manufacturer's stock after selling 545,071 shares during the quarter. Banco Santander S.A.'s holdings in Ford Motor were worth $2,878,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in F. Franklin Resources Inc. raised its stake in shares of Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock valued at $15,998,000 after buying an additional 336,720 shares during the last quarter. NCP Inc. raised its position in Ford Motor by 62.0% during the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after acquiring an additional 28,528 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock valued at $46,408,000 after acquiring an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new stake in Ford Motor in the 3rd quarter worth approximately $55,456,000. Finally, Alberta Investment Management Corp grew its stake in shares of Ford Motor by 87.1% during the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock worth $1,941,000 after purchasing an additional 91,300 shares during the period. Hedge funds and other institutional investors own 58.74% of the company's stock.

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Ford Motor Stock Performance

Shares of Ford Motor stock traded down $0.39 during trading on Tuesday, reaching $9.58. The company's stock had a trading volume of 98,750,442 shares, compared to its average volume of 87,555,305. The company has a 50-day moving average price of $9.72 and a two-hundred day moving average price of $10.37. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The firm has a market cap of $37.95 billion, a PE ratio of 6.56, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating 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, analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.27%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's dividend payout ratio (DPR) is 41.10%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on F shares. Wells Fargo & Company decreased their target price on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered their target price on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Friday, February 7th. TD Cowen initiated coverage on Ford Motor in a research report on Friday. They set a "hold" rating and a $10.00 price target on the stock. Barclays cut Ford Motor from an "overweight" rating to an "equal weight" rating and cut their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Finally, Evercore ISI dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $11.77.

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.