CHURCHILL MANAGEMENT Corp Invests $10.85 Million in Ford Motor (NYSE:F)

CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Ford Motor (NYSE:F - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,096,218 shares of the auto manufacturer's stock, valued at approximately $10,853,000.

A number of other institutional investors also recently modified their holdings of F. Assenagon Asset Management S.A. lifted its holdings in shares of Ford Motor by 14,373.9% during the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer's stock worth $93,830,000 after buying an additional 8,824,000 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its position in Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer's stock worth $126,477,000 after acquiring an additional 6,348,185 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Ford Motor by 4.5% in 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 during the period. Worldquant Millennium Advisors LLC bought a new stake in Ford Motor in the 3rd quarter valued at $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Ford Motor by 420.2% during the 3rd 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 purchasing an additional 4,881,105 shares during the period. Institutional investors own 58.74% of the company's stock.

Analyst Ratings Changes

F has been the subject of a number of analyst reports. Jefferies Financial Group downgraded shares of Ford Motor from a "hold" rating to an "underperform" rating and reduced their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Morgan Stanley cut Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. The Goldman Sachs Group upgraded Ford Motor from a "neutral" rating to a "buy" rating and raised their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 29th. Four equities 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, Ford Motor presently has a consensus rating of "Hold" and a consensus price target of $11.83.

Ford Motor Stock Up 0.6 %

NYSE F traded up $0.06 during trading on Thursday, hitting $10.01. The stock had a trading volume of 45,699,619 shares, compared to its average volume of 63,151,141. The company has a market capitalization of $39.76 billion, a PE ratio of 11.37, a P/E/G ratio of 1.86 and a beta of 1.64. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company's 50-day moving average price is $10.42 and its two-hundred day moving average price is $10.96. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $46.20 billion for 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 firm's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.39 earnings per share. As a group, sell-side analysts forecast that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date was Thursday, November 7th. Ford Motor's dividend payout ratio is currently 68.18%.

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.