Xponance Inc. lifted its stake in shares of Ford Motor (NYSE:F - Free Report) by 5.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 585,549 shares of the auto manufacturer's stock after acquiring an additional 32,146 shares during the period. Xponance Inc.'s holdings in Ford Motor were worth $5,797,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Franklin Resources Inc. grew its position in Ford Motor by 29.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock valued at $15,998,000 after purchasing an additional 336,720 shares during the period. NCP Inc. grew its holdings in shares of Ford Motor by 62.0% during the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after buying an additional 28,528 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Ford Motor by 3.8% during the third 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 in the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor in the 3rd quarter worth about $55,456,000. Finally, Alberta Investment Management Corp boosted its stake in Ford Motor by 87.1% during the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock valued at $1,941,000 after purchasing an additional 91,300 shares during the last quarter. 58.74% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on F. BNP Paribas raised Ford Motor to a "hold" rating in a research note on Monday, February 10th. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Piper Sandler reduced their target price 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. Wells Fargo & Company dropped their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Thursday, February 6th. Finally, 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 report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $11.50.
Read Our Latest Analysis on Ford Motor
Ford Motor Stock Performance
NYSE:F traded up $0.04 during trading hours on Friday, reaching $10.05. The stock had a trading volume of 240,589,038 shares, compared to its average volume of 62,071,755. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a 50 day simple moving average of $9.73 and a 200 day simple moving average of $10.30. The stock has a market cap of $39.81 billion, a P/E ratio of 6.88, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.
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 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, research analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is currently 41.10%.
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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