First Trust Advisors LP Grows Stock Holdings in Ford Motor (NYSE:F)

First Trust Advisors LP raised its position in Ford Motor (NYSE:F - Free Report) by 15.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,076,929 shares of the auto manufacturer's stock after purchasing an additional 1,626,160 shares during the period. First Trust Advisors LP owned 0.30% of Ford Motor worth $119,562,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Formula Growth Ltd. grew its holdings in Ford Motor by 148.6% in the fourth quarter. Formula Growth Ltd. now owns 298,346 shares of the auto manufacturer's stock worth $2,954,000 after purchasing an additional 178,346 shares during the period. First Washington CORP raised its position in Ford Motor by 21.7% in the 4th quarter. First Washington CORP now owns 566,469 shares of the auto manufacturer's stock valued at $5,608,000 after buying an additional 100,918 shares during the last quarter. Forum Financial Management LP lifted its stake in Ford Motor by 26.7% during the 4th quarter. Forum Financial Management LP now owns 68,668 shares of the auto manufacturer's stock valued at $680,000 after acquiring an additional 14,474 shares in the last quarter. GeoWealth Management LLC boosted its holdings in Ford Motor by 12.0% during the 4th quarter. GeoWealth Management LLC now owns 30,119 shares of the auto manufacturer's stock worth $298,000 after acquiring an additional 3,230 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its stake in shares of Ford Motor by 2.2% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 2,471,381 shares of the auto manufacturer's stock worth $24,431,000 after acquiring an additional 53,853 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Price Performance

Shares of F stock traded up $0.26 during trading hours on Thursday, hitting $10.04. 45,326,079 shares of the company's stock were exchanged, compared to its average volume of 72,297,951. The company has a market capitalization of $39.77 billion, a PE ratio of 6.88, a PEG ratio of 0.61 and a beta of 1.41. 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 12-month low of $8.44 and a 12-month high of $14.85. The business's 50 day simple moving average is $9.61 and its 200-day simple moving average is $10.12.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly 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%. On average, equities research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 5.98%. Ford Motor's dividend payout ratio (DPR) is currently 41.10%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Evercore ISI reduced their price objective on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Citigroup initiated coverage on shares of Ford Motor in a report on Wednesday. They set a "neutral" rating and a $10.00 price objective for the company. JPMorgan Chase & Co. dropped their target price on shares of Ford Motor from $13.00 to $11.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Wells Fargo & Company lowered their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a report on Thursday, February 6th. Finally, Barclays reduced their price objective on Ford Motor from $10.00 to $8.00 and set an "equal weight" rating for the company in a report on Tuesday, April 15th. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $9.77.

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.