Baird Financial Group Inc. Has $4.05 Million Holdings in Ford Motor (NYSE:F)

Baird Financial Group Inc. trimmed its stake in Ford Motor (NYSE:F - Free Report) by 48.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 409,464 shares of the auto manufacturer's stock after selling 390,707 shares during the quarter. Baird Financial Group Inc.'s holdings in Ford Motor were worth $4,054,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Franklin Resources Inc. raised its stake 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 valued at $15,998,000 after purchasing an additional 336,720 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Ford Motor by 3.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock worth $46,408,000 after buying an additional 160,409 shares in the last quarter. Nordea Investment Management AB lifted its position in Ford Motor by 8.7% in the fourth quarter. Nordea Investment Management AB now owns 316,177 shares of the auto manufacturer's stock worth $3,146,000 after purchasing an additional 25,229 shares during the period. Watts Gwilliam & Co. LLC lifted its holdings in shares of Ford Motor by 13.1% in the fourth quarter. Watts Gwilliam & Co. LLC now owns 16,042 shares of the auto manufacturer's stock valued at $157,000 after buying an additional 1,863 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its stake in Ford Motor by 2.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 51,812 shares of the auto manufacturer's stock valued at $513,000 after buying an additional 1,267 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

Shares of F stock traded up $0.07 during mid-day trading on Wednesday, reaching $10.67. The stock had a trading volume of 46,561,409 shares, compared to its average volume of 75,162,679. Ford Motor has a one year low of $8.44 and a one year high of $14.85. The firm has a market cap of $42.29 billion, a PE ratio of 7.31, a P/E/G ratio of 0.61 and a beta of 1.53. The firm's 50 day simple moving average is $9.85 and its 200 day simple moving average is $10.05. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business's revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.49 earnings per share. On average, analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.62%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Sanford C. Bernstein lowered shares of Ford Motor from a "market perform" rating to an "underperform" rating and reduced their price objective for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Bank of America dropped their price target on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday, February 6th. TD Cowen initiated coverage on shares of Ford Motor in a report on Friday, March 7th. They set a "hold" rating and a $10.00 price target for the company. Barclays increased their price objective on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Finally, Wells Fargo & Company dropped their price objective on Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a report on Thursday, February 6th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Ford Motor presently has an average rating of "Hold" and an average price target of $10.00.

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.