Caisse Des Depots ET Consignations acquired a new stake in Ford Motor (NYSE:F - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 381,134 shares of the auto manufacturer's stock, valued at approximately $3,773,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in Ford Motor by 16.6% in 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 purchasing an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position 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. Jacobs Levy Equity Management Inc. grew its stake in Ford Motor by 112.8% during 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 in the last quarter. Worldquant Millennium Advisors LLC purchased a new stake in shares of Ford Motor in the third quarter valued at approximately $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec lifted its position in Ford Motor by 420.2% during 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.
Ford Motor Stock Down 1.8 %
Shares of F stock traded down $0.18 on Friday, reaching $9.73. 136,793,571 shares of the stock were exchanged, compared to its average volume of 64,809,757. The company has a market capitalization of $38.54 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.59. The business's 50 day moving average price is $9.75 and its 200 day moving average price is $10.28. 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 has a twelve month low of $9.06 and a twelve month high of $14.85.
Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (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%. As a group, sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.17%. Ford Motor's payout ratio is currently 41.10%.
Analyst Upgrades and Downgrades
Several analysts have issued reports on F shares. Royal Bank of Canada dropped their target price on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th. Jefferies Financial Group lowered shares of Ford Motor from a "hold" rating to an "underperform" rating and dropped their price objective for the company from $12.00 to $9.00 in a report on Monday, December 16th. TD Cowen began coverage on Ford Motor in a research report on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective for the company. Piper Sandler dropped their price target on shares of Ford Motor from $13.00 to $9.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. Finally, Evercore ISI cut their price objective on Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a report on Monday, February 10th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of "Hold" and an average target price of $11.37.
Check Out Our Latest Report on F
Ford Motor Company Profile
(
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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