M&T Bank Corp lowered its holdings in Ford Motor (NYSE:F - Free Report) by 25.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 274,705 shares of the auto manufacturer's stock after selling 93,853 shares during the quarter. M&T Bank Corp's holdings in Ford Motor were worth $2,719,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in F. Charles Schwab Investment Management Inc. increased its position 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 worth $1,278,153,000 after acquiring an additional 6,497,321 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer's stock worth $126,477,000 after purchasing an additional 6,348,185 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in Ford Motor in the third quarter valued at $55,456,000. Caisse DE Depot ET Placement DU Quebec lifted its stake in Ford Motor by 420.2% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer's stock valued at $63,812,000 after acquiring an additional 4,881,105 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer's stock valued at $863,009,000 after acquiring an additional 1,336,676 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.
Ford Motor Stock Performance
NYSE:F traded up $0.30 during mid-day trading on Friday, reaching $9.91. The company's stock had a trading volume of 150,532,602 shares, compared to its average volume of 85,780,328. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85. The stock has a market cap of $39.26 billion, a P/E ratio of 6.78, a PEG ratio of 0.61 and a beta of 1.59. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm's fifty day moving average price is $9.72 and its two-hundred day moving average price is $10.38.
Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (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%. On average, equities analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.06%. Ford Motor's payout ratio is presently 41.10%.
Analysts Set New Price Targets
F has been the subject of a number of recent analyst reports. TD Cowen initiated coverage on shares of Ford Motor in a research note on Friday. They issued a "hold" rating and a $10.00 price target for the company. Royal Bank of Canada cut their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research note on Thursday, February 6th. BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a research note on Monday, February 10th. Evercore ISI lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research report on Monday, February 10th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a report on Friday, February 7th. Three investment 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, the stock presently has an average rating of "Hold" and a consensus price target of $11.77.
Check Out Our Latest Stock Analysis 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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