Swiss National Bank Buys 84,600 Shares of Ford Motor (NYSE:F)

Swiss National Bank increased its position in shares of Ford Motor (NYSE:F - Free Report) by 0.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,639,886 shares of the auto manufacturer's stock after buying an additional 84,600 shares during the period. Swiss National Bank owned 0.29% of Ford Motor worth $122,917,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Olistico Wealth LLC bought a new position in shares of Ford Motor during the second quarter worth approximately $25,000. Family Firm Inc. acquired a new stake in shares of Ford Motor in the second quarter valued at about $26,000. Quarry LP acquired a new stake in shares of Ford Motor during the 2nd quarter worth approximately $27,000. Ridgewood Investments LLC bought a new position in shares of Ford Motor in the second quarter valued at $28,000. Finally, Kimelman & Baird LLC bought a new position in shares of Ford Motor during the 2nd quarter worth approximately $30,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Wells Fargo & Company dropped their target price on Ford Motor from $10.00 to $9.00 and set an "underweight" rating for the company in a research report on Tuesday, September 10th. Morgan Stanley downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft reduced their target price on Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a report on Wednesday, October 30th. Barclays lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Tuesday, October 29th. Finally, Evercore ISI raised Ford Motor to a "hold" rating in a research note on Friday, July 26th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company. According to MarketBeat, Ford Motor has a consensus rating of "Hold" and a consensus target price of $12.02.

Ford Motor Price Performance

F traded down $0.19 during trading on Tuesday, reaching $11.02. The company's stock had a trading volume of 37,705,944 shares, compared to its average volume of 53,816,008. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The company has a market cap of $43.80 billion, a price-to-earnings ratio of 12.66, a PEG ratio of 2.00 and a beta of 1.62. The firm has a fifty day simple moving average of $10.80 and a two-hundred day simple moving average of $11.49. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

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

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.44%. Ford Motor's dividend payout ratio (DPR) is presently 68.18%.

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.