Ford Motor (NYSE:F) Stake Reduced by Principal Financial Group Inc.

Principal Financial Group Inc. lowered its stake in Ford Motor (NYSE:F - Free Report) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,351,557 shares of the auto manufacturer's stock after selling 43,124 shares during the quarter. Principal Financial Group Inc. owned about 0.11% of Ford Motor worth $43,080,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Apollon Wealth Management LLC grew its holdings in Ford Motor by 1.1% in the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer's stock valued at $982,000 after purchasing an additional 969 shares during the period. Pure Financial Advisors LLC increased its holdings in shares of Ford Motor by 6.6% during the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer's stock worth $170,000 after buying an additional 990 shares during the last quarter. PBMares Wealth Management LLC raised its position in shares of Ford Motor by 9.0% in the 3rd quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer's stock worth $126,000 after buying an additional 991 shares during the period. Pointe Capital Management LLC grew its position in Ford Motor by 4.8% during the third quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer's stock valued at $230,000 after acquiring an additional 1,000 shares during the period. Finally, Albion Financial Group UT raised its holdings in shares of Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock worth $36,000 after purchasing an additional 1,000 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Shares of F stock traded down $0.11 on Friday, hitting $9.29. 58,340,758 shares of the stock traded hands, compared to its average volume of 74,982,461. The company has a market capitalization of $36.80 billion, a PE ratio of 6.36, a PEG ratio of 0.60 and a beta of 1.63. The company's fifty day moving average is $9.83 and its 200 day moving average is $10.43. 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 1-year low of $9.10 and a 1-year high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities research analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor's payout ratio is 41.10%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Wells Fargo & Company lowered their price target on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft reduced 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. JPMorgan Chase & Co. dropped their price target 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. BNP Paribas raised shares of Ford Motor to a "hold" rating in a research report on Monday, February 10th. Finally, Royal Bank of Canada lowered their target price on 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. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $11.89.

Ford Motor Profile

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.