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

Baird Financial Group Inc. lowered its position in Ford Motor (NYSE:F - Free Report) by 48.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. grew its position in shares of Ford Motor by 29.8% in 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 during the last quarter. Principal Financial Group Inc. increased its position in 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 during the period. Nordea Investment Management AB raised its stake in Ford Motor by 8.7% during the 4th quarter. Nordea Investment Management AB now owns 316,177 shares of the auto manufacturer's stock valued at $3,146,000 after purchasing an additional 25,229 shares during the last quarter. Watts Gwilliam & Co. LLC boosted its holdings in Ford Motor by 13.1% in the 4th quarter. Watts Gwilliam & Co. LLC now owns 16,042 shares of the auto manufacturer's stock valued at $157,000 after purchasing an additional 1,863 shares during the period. Finally, Harbor Capital Advisors Inc. grew its position in Ford Motor by 2.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 51,812 shares of the auto manufacturer's stock worth $513,000 after purchasing an additional 1,267 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Trading Up 1.7 %

F stock traded up $0.17 during midday trading on Friday, reaching $10.45. The company's stock had a trading volume of 76,201,623 shares, compared to its average volume of 75,066,779. The business's 50-day simple moving average is $9.81 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 has a 52 week low of $8.44 and a 52 week high of $14.85. The stock has a market cap of $41.42 billion, a PE ratio of 7.16, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53.

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

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.74%. The ex-dividend date is Monday, May 12th. Ford Motor's dividend payout ratio is currently 48.00%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on F. Piper Sandler decreased their target price on Ford Motor from $9.00 to $8.50 and set a "neutral" rating on the stock in a research report on Tuesday, May 6th. The Goldman Sachs Group raised their target price on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. UBS Group dropped their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Wells Fargo & Company dropped their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. Finally, Evercore ISI decreased their price target on Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research note on Monday, February 10th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $10.00.

Ford Motor 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.