TD Waterhouse Canada Inc. Boosts Stock Position in Ford Motor (NYSE:F)

TD Waterhouse Canada Inc. lifted its stake in shares of Ford Motor (NYSE:F - Free Report) by 48.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 448,155 shares of the auto manufacturer's stock after acquiring an additional 145,590 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Ford Motor were worth $4,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Franklin Resources Inc. increased its position in shares of Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock worth $15,998,000 after acquiring an additional 336,720 shares in the last quarter. NCP Inc. lifted its stake in Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after purchasing an additional 28,528 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock worth $46,408,000 after acquiring an additional 160,409 shares during the last quarter. Alberta Investment Management Corp boosted its holdings in Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock worth $1,941,000 after buying an additional 91,300 shares during the period. Finally, CHURCHILL MANAGEMENT Corp bought a new position in shares of Ford Motor in the fourth quarter worth $10,853,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Down 0.2 %

F traded down $0.02 during trading on Friday, reaching $10.04. The stock had a trading volume of 88,579,641 shares, compared to its average volume of 72,509,593. Ford Motor has a one year low of $8.44 and a one year high of $14.85. The company has a market capitalization of $39.79 billion, a price-to-earnings ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.41. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The stock's 50 day moving average is $9.62 and its two-hundred day moving average is $10.11.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data 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%. As a group, analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared 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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is presently 41.10%.

Wall Street Analyst Weigh In

Several brokerages recently commented on F. Evercore ISI reduced their price objective 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. Sanford C. Bernstein lowered Ford Motor from a "market perform" rating to an "underperform" rating and cut their target price for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Piper Sandler cut their price objective on shares of Ford Motor from $13.00 to $9.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. Bank of America reduced their price objective on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Finally, JPMorgan Chase & Co. lowered their price objective on Ford Motor from $13.00 to $11.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. Five research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $9.77.

About Ford Motor

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.