Prudential PLC Has $2.48 Million Stock Holdings in Ford Motor (NYSE:F)

Prudential PLC grew its position in Ford Motor (NYSE:F - Free Report) by 22.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 250,822 shares of the auto manufacturer's stock after purchasing an additional 46,357 shares during the period. Prudential PLC's holdings in Ford Motor were worth $2,483,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in F. HighTower Advisors LLC boosted its stake in Ford Motor by 3.0% during the third quarter. HighTower Advisors LLC now owns 828,416 shares of the auto manufacturer's stock valued at $8,736,000 after buying an additional 24,189 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Ford Motor by 6.2% during the 3rd quarter. Janus Henderson Group PLC now owns 672,923 shares of the auto manufacturer's stock valued at $7,103,000 after purchasing an additional 39,500 shares in the last quarter. Kovitz Investment Group Partners LLC grew its stake in shares of Ford Motor by 40.8% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 204,126 shares of the auto manufacturer's stock worth $2,156,000 after purchasing an additional 59,160 shares during the last quarter. EP Wealth Advisors LLC raised its holdings in shares of Ford Motor by 14.8% in the 3rd quarter. EP Wealth Advisors LLC now owns 85,195 shares of the auto manufacturer's stock worth $900,000 after purchasing an additional 11,011 shares in the last quarter. Finally, National Bank of Canada FI lifted its stake in Ford Motor by 22.9% during the third quarter. National Bank of Canada FI now owns 3,985,181 shares of the auto manufacturer's stock valued at $42,083,000 after purchasing an additional 742,534 shares during the last quarter. Institutional investors own 58.74% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on F shares. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and dropped their price target for the company from $9.40 to $7.00 in a report on Wednesday. Barclays lowered shares of Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Jefferies Financial Group lowered shares of Ford Motor from a "hold" rating to an "underperform" rating and dropped their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Evercore ISI decreased their target price on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Finally, Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 6th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of "Hold" and a consensus target price of $10.83.

Ford Motor Stock Performance

Shares of NYSE F traded down $0.47 during trading hours on Thursday, hitting $9.04. 74,641,145 shares of the stock were exchanged, compared to its average volume of 69,250,278. The firm has a market capitalization of $35.81 billion, a P/E ratio of 6.20, a P/E/G ratio of 0.61 and a beta of 1.41. The company's 50 day moving average is $9.61 and its 200 day moving average is $10.19. 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 one year low of $8.44 and a one year high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping 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, research analysts expect 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. Stockholders 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 dividend yield of 6.64%. Ford Motor's payout ratio is 41.10%.

Ford Motor Company 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.