Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Ford Motor (NYSE:F - Free Report) by 8.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,079,496 shares of the auto manufacturer's stock after buying an additional 479,722 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.15% of Ford Motor worth $60,065,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Graney & King LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $75,000. Parametrica Management Ltd acquired a new position in Ford Motor during the fourth quarter worth $357,000. Financial Engines Advisors L.L.C. lifted its stake in shares of Ford Motor by 2.5% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 57,354 shares of the auto manufacturer's stock valued at $568,000 after buying an additional 1,409 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its holdings in shares of Ford Motor by 3.1% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 63,043 shares of the auto manufacturer's stock valued at $624,000 after buying an additional 1,905 shares during the last quarter. Finally, Potentia Wealth bought a new stake in shares of Ford Motor during the fourth quarter worth about $345,000. Institutional investors and hedge funds own 58.74% of the company's stock.
Ford Motor Price Performance
NYSE:F traded down $0.09 during trading hours on Tuesday, hitting $9.95. The stock had a trading volume of 32,319,661 shares, compared to its average volume of 65,012,886. The firm has a market capitalization of $39.42 billion, a price-to-earnings ratio of 6.81, a P/E/G ratio of 0.61 and a beta of 1.59. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a 50 day simple moving average of $9.75 and a two-hundred day simple moving average of $10.27. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.
Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share 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%. Research analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The firm also recently declared 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 6.03%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is currently 41.10%.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on F shares. Barclays downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Bank of America dropped their price objective on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Wells Fargo & Company reduced their target price on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research note on Thursday, February 6th. TD Cowen initiated coverage on shares of Ford Motor in a report on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. 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 issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price 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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