Ford Motor (NYSE:F) Stock Position Increased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its stake in shares of Ford Motor (NYSE:F - Free Report) by 17.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,093,785 shares of the auto manufacturer's stock after purchasing an additional 158,960 shares during the period. PNC Financial Services Group Inc.'s holdings in Ford Motor were worth $11,550,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in F. Dimensional Fund Advisors LP boosted its position in Ford Motor by 27.4% during the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer's stock worth $453,732,000 after purchasing an additional 7,793,944 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Ford Motor by 1.0% in the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer's stock worth $399,066,000 after buying an additional 318,715 shares in the last quarter. LSV Asset Management grew its stake in Ford Motor by 1.6% in the 2nd quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer's stock valued at $252,248,000 after acquiring an additional 312,496 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Ford Motor by 11.0% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer's stock valued at $163,214,000 after acquiring an additional 1,214,640 shares in the last quarter. Finally, Swiss National Bank raised its position in Ford Motor by 0.7% during the third quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer's stock worth $122,917,000 after acquiring an additional 84,600 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on F. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. StockNews.com upgraded Ford Motor from a "sell" rating to a "hold" rating in a report on Friday, August 2nd. Barclays reduced their target price on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 29th. Wolfe Research initiated coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a "peer perform" rating for the company. Finally, Sanford C. Bernstein lowered shares of Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $12.02.

Ford Motor Stock Up 3.5 %

Shares of NYSE F traded up $0.38 during midday trading on Friday, reaching $11.18. 82,556,658 shares of the company's stock were exchanged, compared to its average volume of 62,974,184. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The business's fifty day moving average price is $10.83 and its two-hundred day moving average price is $11.46. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The stock has a market capitalization of $44.43 billion, a PE ratio of 12.70, a price-to-earnings-growth ratio of 1.97 and a beta of 1.62.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm's revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 EPS. Analysts forecast that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.37%. Ford Motor's dividend payout ratio (DPR) is 68.18%.

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.