Price T Rowe Associates Inc. MD Decreases Holdings in Ford Motor (NYSE:F)

Price T Rowe Associates Inc. MD trimmed its position in Ford Motor (NYSE:F - Free Report) by 16.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,570,170 shares of the auto manufacturer's stock after selling 1,080,892 shares during the period. Price T Rowe Associates Inc. MD owned approximately 0.14% of Ford Motor worth $55,146,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Ford Motor by 16.6% in 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 purchasing an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after acquiring an additional 6,497,321 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Ford Motor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock worth $830,662,000 after acquiring an additional 2,089,127 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Ford Motor by 11.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after purchasing an additional 4,925,993 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Ford Motor during the fourth quarter valued at about $387,282,000. Institutional investors own 58.74% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wells Fargo & Company reduced their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. Citigroup began coverage on shares of Ford Motor in a report on Wednesday, April 23rd. They issued a "neutral" rating and a $10.00 price target on the stock. BNP Paribas raised Ford Motor to a "hold" rating in a report on Monday, February 10th. StockNews.com lowered Ford Motor from a "hold" rating to a "sell" rating in a research note on Thursday, April 10th. Finally, Evercore ISI cut their price target on 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. Five analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $9.77.

Ford Motor Price Performance

Shares of Ford Motor stock traded up $0.14 during trading on Tuesday, hitting $10.16. The stock had a trading volume of 141,791,392 shares, compared to its average volume of 72,897,481. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The firm has a market cap of $40.27 billion, a price-to-earnings ratio of 6.96, a P/E/G ratio of 0.61 and a beta of 1.41. The business's 50-day moving average is $9.67 and its 200 day moving average is $10.10.

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, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.91%. Ford Motor's payout ratio is presently 41.10%.

Ford Motor Company 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.