Geode Capital Management LLC Boosts Stake in Ford Motor (NYSE:F)

Geode Capital Management LLC increased its stake in Ford Motor (NYSE:F - Free Report) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 84,078,284 shares of the auto manufacturer's stock after purchasing an additional 2,089,127 shares during the period. Geode Capital Management LLC owned approximately 2.12% of Ford Motor worth $830,662,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of F. Hager Investment Management Services LLC acquired a new position in Ford Motor during the 4th quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor during the 4th quarter valued at $29,000. Flagship Wealth Advisors LLC bought a new position in shares of Ford Motor during the 4th quarter worth about $30,000. Kentucky Trust Co bought a new position in Ford Motor in the fourth quarter worth approximately $31,000. Finally, Crewe Advisors LLC lifted its holdings in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock worth $33,000 after purchasing an additional 2,068 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Down 5.9 %

F traded down $0.60 during trading on Thursday, hitting $9.56. 220,066,766 shares of the stock traded hands, compared to its average volume of 66,532,183. The firm has a 50-day moving average of $9.73 and a 200 day moving average of $10.26. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85. The firm has a market capitalization of $37.87 billion, a P/E ratio of 6.54, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

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Ford Motor (NYSE:F - Get Free Report) last released its quarterly 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 anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.28%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is currently 41.10%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Bank of America cut their price target on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research note on Thursday, February 6th. TD Cowen assumed coverage on Ford Motor in a research note on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective on the stock. Barclays downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and decreased their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Finally, BNP Paribas upgraded Ford Motor to a "hold" rating in a research report on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor presently has a consensus rating of "Hold" and a consensus target price of $11.37.

About Ford Motor

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.