Cibc World Markets Corp Boosts Position in Ford Motor (NYSE:F)

Cibc World Markets Corp lifted its holdings in Ford Motor (NYSE:F - Free Report) by 16.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 615,934 shares of the auto manufacturer's stock after purchasing an additional 85,004 shares during the period. Cibc World Markets Corp's holdings in Ford Motor were worth $6,098,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Hager Investment Management Services LLC acquired a new position in Ford Motor during the 4th quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor during the 4th quarter worth approximately $29,000. Kentucky Trust Co acquired a new position in Ford Motor during the 4th quarter worth approximately $31,000. Crewe Advisors LLC grew its holdings in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock worth $33,000 after acquiring an additional 2,068 shares in the last quarter. Finally, Modus Advisors LLC acquired a new position in Ford Motor during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Analysts Set New Price Targets

F has been the subject of several recent analyst reports. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. 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 research report on Monday, December 16th. Barclays downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their price objective for the stock 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 research report on Monday, February 10th. Finally, Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Ford Motor currently has an average rating of "Hold" and an average target price of $11.50.

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Ford Motor Price Performance

Shares of NYSE:F traded up $0.04 on Friday, reaching $10.05. 240,589,038 shares of the company were exchanged, compared to its average volume of 61,956,018. 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 1-year low of $9.06 and a 1-year high of $14.85. The firm has a market cap of $39.81 billion, a price-to-earnings ratio of 6.88, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a 50-day moving average of $9.73 and a 200-day moving average of $10.30.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities analysts forecast 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. Stockholders 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 annualized dividend and a dividend yield of 5.97%. Ford Motor's payout ratio is currently 41.10%.

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.