Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Ford Motor (NYSE:F - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 240,000 shares of the auto manufacturer's stock, valued at approximately $2,376,000.
A number of other hedge funds have also modified their holdings of F. Franklin Resources Inc. increased its holdings in shares of Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock valued at $15,998,000 after purchasing an additional 336,720 shares in the last quarter. NCP Inc. increased its stake in shares of Ford Motor by 62.0% in the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after buying an additional 28,528 shares during the period. Principal Financial Group Inc. raised its position in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock worth $46,408,000 after acquiring an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new position in shares of Ford Motor during the third quarter valued at $55,456,000. Finally, Alberta Investment Management Corp boosted its holdings in Ford Motor by 87.1% in the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock valued at $1,941,000 after acquiring an additional 91,300 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.
Ford Motor Stock Up 1.0 %
F stock traded up $0.10 during midday trading on Monday, hitting $10.00. The company's stock had a trading volume of 58,053,687 shares, compared to its average volume of 85,008,773. The stock has a market capitalization of $39.61 billion, a P/E ratio of 6.86, a PEG ratio of 0.61 and a beta of 1.59. The company's fifty day moving average price is $9.72 and its 200 day moving average price is $10.38. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85.
Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share 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%. As a group, equities research analysts predict that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.00%. Ford Motor's dividend payout ratio is 41.10%.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Jefferies Financial Group downgraded shares of Ford Motor from a "hold" rating to an "underperform" rating and cut their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. JPMorgan Chase & Co. reduced 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 Friday, February 7th. Royal Bank of Canada dropped their target price on shares of 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. Barclays cut Ford Motor from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Finally, Wells Fargo & Company dropped their price objective on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $11.77.
View Our Latest Research Report on Ford Motor
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.
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