Ford Motor (NYSE:F) Shares Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio boosted its stake in Ford Motor (NYSE:F - Free Report) by 3.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,026,399 shares of the auto manufacturer's stock after purchasing an additional 71,221 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.05% of Ford Motor worth $21,399,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Family Firm Inc. bought a new stake in shares of Ford Motor in the 2nd quarter valued at approximately $26,000. Quarry LP bought a new stake in Ford Motor in the second quarter worth $27,000. Ridgewood Investments LLC bought a new stake in Ford Motor in the second quarter worth $28,000. Kimelman & Baird LLC purchased a new position in Ford Motor during the second quarter worth $30,000. Finally, Reston Wealth Management LLC bought a new position in Ford Motor during the third quarter valued at $33,000. Hedge funds and other institutional investors own 58.74% of the company's stock.

Ford Motor Stock Down 1.5 %

NYSE F traded down $0.16 during trading on Wednesday, reaching $10.41. 60,393,212 shares of the company's stock were exchanged, compared to its average volume of 53,925,445. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The stock has a market cap of $41.35 billion, a P/E ratio of 11.82, a price-to-earnings-growth ratio of 1.91 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company has a 50 day moving average price of $10.85 and a two-hundred day moving average price of $11.34.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period last year, the business earned $0.39 EPS. Ford Motor's revenue for the quarter was up 5.5% compared to the same quarter last year. On average, equities research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.77%. Ford Motor's payout ratio is currently 68.18%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on F shares. Wolfe Research reiterated an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada reiterated 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 downgraded shares of 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 research note on Wednesday, September 25th. The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and lifted their price target for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Wells Fargo & Company dropped their price objective on Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a research note on Tuesday, September 10th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, Ford Motor presently has an average rating of "Hold" and a consensus price target of $12.08.

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.