Royal London Asset Management Ltd. Acquires 87,293 Shares of Ford Motor (NYSE:F)

Royal London Asset Management Ltd. boosted its stake in Ford Motor (NYSE:F - Free Report) by 2.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,261,599 shares of the auto manufacturer's stock after purchasing an additional 87,293 shares during the quarter. Royal London Asset Management Ltd. owned about 0.11% of Ford Motor worth $42,190,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Albion Financial Group UT grew its holdings in Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock worth $36,000 after acquiring an additional 1,000 shares during the last quarter. Brighton Jones LLC grew its stake in shares of Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock worth $195,000 after purchasing an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC increased its holdings in Ford Motor by 1.3% in the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock valued at $799,000 after purchasing an additional 1,024 shares during the period. Atlas Brown Inc. raised its position in Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock worth $627,000 after purchasing an additional 1,047 shares during the last quarter. Finally, Cornerstone Wealth Group LLC lifted its holdings in Ford Motor by 10.6% during the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer's stock worth $113,000 after buying an additional 1,098 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.

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Wall Street Analysts Forecast Growth

F has been the subject of a number of recent analyst reports. TD Cowen assumed coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a "hold" rating and a $10.00 target price for the company. BNP Paribas raised shares of Ford Motor to a "hold" rating in a research note on Monday, February 10th. Evercore ISI decreased their price target on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a report on Monday, February 10th. Jefferies Financial Group downgraded shares of Ford Motor from a "hold" rating to an "underperform" rating and dropped their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Finally, Barclays downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $11.50.

Ford Motor Stock Performance

Shares of Ford Motor stock traded up $0.25 during trading hours on Monday, reaching $10.25. The company had a trading volume of 102,775,116 shares, compared to its average volume of 62,234,588. The firm has a market cap of $40.61 billion, a PE ratio of 7.02, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The business has a fifty day simple moving average of $9.73 and a 200 day simple moving average of $10.29.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate 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, analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.86%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio is presently 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.