Vanguard Group Inc. grew its position in shares of Ford Motor (NYSE:F - Free Report) by 16.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 402,083,883 shares of the auto manufacturer's stock after purchasing an additional 57,182,803 shares during the period. Vanguard Group Inc. owned approximately 10.12% of Ford Motor worth $3,980,630,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the company. Hager Investment Management Services LLC acquired a new stake in Ford Motor during the 4th quarter valued at approximately $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Ford Motor during the 4th quarter valued at approximately $29,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth approximately $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the fourth quarter worth $31,000. Finally, Crewe Advisors LLC raised its holdings in Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock valued at $33,000 after acquiring an additional 2,068 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.
Ford Motor Stock Performance
Shares of NYSE F traded down $0.23 during midday trading on Thursday, hitting $10.08. 121,414,943 shares of the company's stock were exchanged, compared to its average volume of 97,029,633. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85. The firm has a market cap of $39.93 billion, a P/E ratio of 6.90, a PEG ratio of 0.61 and a beta of 1.59. The stock's 50 day moving average price is $9.76 and its 200-day moving average price is $10.29. 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 (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating 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%. Equities research analysts anticipate that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 5.96%. Ford Motor's dividend payout ratio is presently 41.10%.
Analyst Ratings Changes
Several brokerages have weighed in on F. BNP Paribas raised shares of Ford Motor to a "hold" rating in a report on Monday, February 10th. Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a report on Thursday, February 6th. Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Royal Bank of Canada lowered their price target on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th. Finally, Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and reduced their price objective for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $11.37.
Check Out Our Latest Research Report on F
About Ford Motor
(
Free Report)
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.
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