ING Groep NV Buys 570,293 Shares of Ford Motor (NYSE:F)

ING Groep NV raised its holdings in Ford Motor (NYSE:F - Free Report) by 93.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,181,128 shares of the auto manufacturer's stock after acquiring an additional 570,293 shares during the period. ING Groep NV's holdings in Ford Motor were worth $12,473,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in F. Olistico Wealth LLC acquired a new position in Ford Motor in the 2nd quarter valued at approximately $25,000. Family Firm Inc. acquired a new position in Ford Motor during the 2nd quarter worth about $26,000. Quarry LP bought a new stake in shares of Ford Motor in the 2nd quarter valued at about $27,000. Ridgewood Investments LLC bought a new position in shares of Ford Motor during the second quarter worth about $28,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Ford Motor in the second quarter worth approximately $30,000. Institutional investors own 58.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. StockNews.com raised shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Friday, August 2nd. Morgan Stanley downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Barclays reduced their price objective on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Tuesday, October 29th. Wolfe Research assumed coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a "peer perform" rating on the stock. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $12.02.

Ford Motor Stock Performance

Shares of Ford Motor stock traded down $0.06 on Friday, reaching $11.01. 58,376,520 shares of the company traded hands, compared to its average volume of 53,920,492. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The firm has a market capitalization of $43.76 billion, a PE ratio of 12.56, a PEG ratio of 2.01 and a beta of 1.62. The company has a 50 day moving average of $10.78 and a 200 day moving average of $11.52. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to analysts' expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. Equities analysts forecast that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.45%. Ford Motor's dividend payout ratio (DPR) is 68.18%.

About Ford Motor

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.