Scotia Capital Inc. decreased its holdings in shares of Ford Motor (NYSE:F - Free Report) by 34.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 294,856 shares of the auto manufacturer's stock after selling 157,304 shares during the period. Scotia Capital Inc.'s holdings in Ford Motor were worth $2,919,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Ford Motor by 16.6% in the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock worth $3,980,630,000 after purchasing an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Ford Motor by 5.3% during the fourth 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 acquiring an additional 6,497,321 shares during the period. Geode Capital Management LLC boosted its holdings in Ford Motor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock worth $830,662,000 after buying an additional 2,089,127 shares during the last quarter. Norges Bank bought a new stake in shares of Ford Motor in the fourth quarter worth about $387,282,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in Ford Motor by 1.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 8,799,541 shares of the auto manufacturer's stock valued at $87,115,000 after buying an additional 113,363 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.
Ford Motor Price Performance
Shares of NYSE F traded up $0.11 during trading on Wednesday, hitting $9.56. The company had a trading volume of 49,372,574 shares, compared to its average volume of 70,832,987. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market cap of $37.89 billion, a P/E ratio of 6.55, a PEG ratio of 0.61 and a beta of 1.41. The business's 50-day moving average is $9.58 and its 200 day moving average is $10.15.
Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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%. Equities research analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.28%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is 41.10%.
Analyst Ratings Changes
F has been the topic of several recent analyst reports. Wells Fargo & Company lowered their price target on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Thursday, February 6th. Bank of America lowered their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered their price target on Ford Motor from $13.00 to $11.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. UBS Group lowered their price objective on Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Finally, StockNews.com downgraded shares of Ford Motor from a "hold" rating to a "sell" rating in a research note on Thursday, April 10th. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $10.30.
Get Our Latest Stock Report on F
Ford Motor Company 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.
Recommended Stories
Before you consider Ford Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ford Motor wasn't on the list.
While Ford Motor currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
