Bcwm LLC bought a new position in shares of Ford Motor (NYSE:F - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 370,362 shares of the auto manufacturer's stock, valued at approximately $3,667,000.
A number of other large investors have also modified their holdings of F. Vanguard Group Inc. boosted its position in shares of Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after acquiring an additional 57,182,803 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after acquiring an additional 6,497,321 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Ford Motor by 1.7% in 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 last quarter. Norges Bank acquired a new stake in shares of Ford Motor during the 4th quarter worth about $387,282,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Ford Motor by 2.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer's stock worth $257,108,000 after buying an additional 636,330 shares during the period. Hedge funds and other institutional investors own 58.74% of the company's stock.
Ford Motor Stock Performance
NYSE F traded up $0.24 during trading hours on Wednesday, hitting $10.18. 72,559,486 shares of the stock were exchanged, compared to its average volume of 65,546,048. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market cap of $40.35 billion, a price-to-earnings ratio of 6.97, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85. The stock has a 50-day moving average of $9.74 and a 200 day moving average of $10.27.
Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities research analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date was Tuesday, February 18th. Ford Motor's payout ratio is currently 41.10%.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. Royal Bank of Canada cut their target price on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 6th. Barclays downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a report on Monday, February 10th. Bank of America reduced their target price on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a report on Thursday, February 6th. Finally, TD Cowen began coverage on shares of Ford Motor in a research note on Friday, March 7th. They issued a "hold" rating and a $10.00 price target for the company. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $11.37.
Get Our Latest Analysis on Ford Motor
About Ford Motor
(
Free Report)
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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