Mitsubishi UFJ Trust & Banking Corp Lowers Stake in Ford Motor (NYSE:F)

Mitsubishi UFJ Trust & Banking Corp lessened its stake in Ford Motor (NYSE:F - Free Report) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,884,592 shares of the auto manufacturer's stock after selling 31,369 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp's holdings in Ford Motor were worth $18,657,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of F. Vanguard Group Inc. increased its position in shares of Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after acquiring an additional 57,182,803 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock valued at $1,278,153,000 after purchasing an additional 6,497,321 shares during the period. Jacobs Levy Equity Management Inc. increased its position in shares of Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer's stock valued at $126,477,000 after purchasing an additional 6,348,185 shares during the last quarter. Worldquant Millennium Advisors LLC bought a new stake in shares of Ford Motor during the 3rd quarter worth $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Ford Motor by 420.2% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer's stock worth $63,812,000 after buying an additional 4,881,105 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

Remove Ads

Ford Motor Price Performance

NYSE:F traded up $0.33 during mid-day trading on Monday, hitting $10.05. 139,873,968 shares of the stock traded hands, compared to its average volume of 65,109,128. The business's 50-day moving average price is $9.75 and its 200 day moving average price is $10.27. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market cap of $39.81 billion, a PE ratio of 6.88, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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, analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.97%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is 41.10%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on F. JPMorgan Chase & Co. decreased their price objective on shares of Ford Motor from $13.00 to $11.00 and set an "overweight" rating for the company in a report on Thursday. Evercore ISI decreased their price target on shares of 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. BNP Paribas upgraded Ford Motor to a "hold" rating in a research note on Monday, February 10th. Royal Bank of Canada decreased their target price on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research report on Thursday, February 6th. Finally, Barclays cut Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of "Hold" and a consensus target price of $11.37.

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.