Mizuho Securities USA LLC trimmed its position in shares of Ford Motor (NYSE:F - Free Report) by 16.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 253,179 shares of the auto manufacturer's stock after selling 49,182 shares during the period. Mizuho Securities USA LLC's holdings in Ford Motor were worth $2,674,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Assenagon Asset Management S.A. grew its holdings in Ford Motor by 14,373.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer's stock valued at $93,830,000 after buying an additional 8,824,000 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer's stock valued at $453,732,000 after acquiring an additional 7,793,944 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Ford Motor by 456.9% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer's stock worth $50,160,000 after purchasing an additional 3,281,800 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Ford Motor by 103.6% during the 2nd quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer's stock valued at $60,844,000 after purchasing an additional 2,497,695 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of Ford Motor by 1,215.6% during the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer's stock valued at $28,444,000 after purchasing an additional 2,488,850 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.
Ford Motor Stock Up 3.5 %
NYSE:F traded up $0.38 during trading hours on Friday, reaching $11.18. The company's stock had a trading volume of 82,556,658 shares, compared to its average volume of 62,974,184. The stock has a 50 day moving average price of $10.83 and a two-hundred day moving average price of $11.46. 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 market capitalization of $44.43 billion, a P/E ratio of 12.70, a price-to-earnings-growth ratio of 1.97 and a beta of 1.62. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.
Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during 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% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 EPS. Equities analysts predict that Ford Motor will post 1.81 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor's dividend payout ratio (DPR) is presently 68.18%.
Analyst Ratings Changes
Several equities analysts have weighed in on F shares. Sanford C. Bernstein cut Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Evercore ISI raised shares of Ford Motor to a "hold" rating in a research note on Friday, July 26th. The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. StockNews.com upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Friday, August 2nd. Finally, Barclays dropped their price target on Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Tuesday, October 29th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $12.02.
Check Out Our Latest Stock Report on Ford Motor
Ford Motor Profile
(
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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