Sumitomo Mitsui Trust Group Inc. Raises Holdings in Ford Motor (NYSE:F)

Sumitomo Mitsui Trust Group Inc. increased its position in Ford Motor (NYSE:F - Free Report) by 1.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,686,178 shares of the auto manufacturer's stock after acquiring an additional 109,747 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.22% of Ford Motor worth $91,726,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Olistico Wealth LLC bought a new stake in Ford Motor during the second quarter valued at approximately $25,000. Family Firm Inc. bought a new stake in Ford Motor during the second quarter valued at approximately $26,000. Quarry LP bought a new stake in Ford Motor during the second quarter valued at approximately $27,000. Ridgewood Investments LLC bought a new stake in Ford Motor during the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC bought a new stake in Ford Motor during the second quarter valued at approximately $30,000. 58.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on F shares. Morgan Stanley downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Barclays decreased their target price on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 29th. The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Wells Fargo & Company decreased their target price on shares of Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a research note on Tuesday, September 10th. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $12.02.

Ford Motor Stock Down 0.2 %

NYSE F traded down $0.02 on Thursday, reaching $11.08. 28,617,693 shares of the stock traded hands, compared to its average volume of 53,761,270. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company has a fifty day moving average price of $10.77 and a 200-day moving average price of $11.52. The company has a market cap of $44.04 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 2.01 and a beta of 1.62.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter last year, the company earned $0.39 earnings per share. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, research analysts forecast that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date is Thursday, November 7th. Ford Motor's dividend payout ratio (DPR) is 68.18%.

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.