Charles Schwab Investment Management Inc. increased its stake in Ford Motor (NYSE:F - Free Report) by 4.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,609,058 shares of the auto manufacturer's stock after purchasing an additional 5,270,562 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 3.09% of Ford Motor worth $1,294,752,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of F. Dimensional Fund Advisors LP grew its stake in shares of 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 buying an additional 7,793,944 shares in the last quarter. Legal & General Group Plc boosted its position in Ford Motor by 1.0% during the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer's stock worth $399,066,000 after purchasing an additional 318,715 shares during the period. LSV Asset Management raised its position in shares of Ford Motor by 1.6% in the second quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer's stock valued at $252,248,000 after purchasing an additional 312,496 shares during the period. Jacobs Levy Equity Management Inc. lifted its stake in shares of Ford Motor by 11.0% in the first quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer's stock worth $163,214,000 after buying an additional 1,214,640 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Ford Motor by 0.7% during the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer's stock worth $122,917,000 after buying an additional 84,600 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.
Ford Motor Price Performance
Shares of F opened at $10.75 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The company's fifty day simple moving average is $10.82 and its 200 day simple moving average is $11.48. The company has a market cap of $42.72 billion, a price-to-earnings ratio of 12.19, a PEG ratio of 2.01 and a beta of 1.62. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.
Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to analysts' expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.39 EPS. On average, research analysts forecast that Ford Motor will post 1.81 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.58%. Ford Motor's dividend payout ratio (DPR) is presently 68.18%.
Wall Street Analysts Forecast Growth
Several research analysts have commented on F shares. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research report on Wednesday, October 30th. StockNews.com upgraded Ford Motor from a "sell" rating to a "hold" rating in a research note on Friday, August 2nd. Wells Fargo & Company cut their price objective on Ford Motor from $10.00 to $9.00 and set an "underweight" rating for the company in a report on Tuesday, September 10th. Finally, Barclays decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $12.02.
Check Out Our Latest Stock Report on Ford Motor
About Ford Motor
(
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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