Centiva Capital LP decreased its holdings in shares of Ford Motor (NYSE:F - Free Report) by 35.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,881 shares of the auto manufacturer's stock after selling 32,547 shares during the period. Centiva Capital LP's holdings in Ford Motor were worth $593,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of F. Franklin Resources Inc. grew its stake in Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock worth $15,998,000 after purchasing an additional 336,720 shares during the period. Principal Financial Group Inc. grew its position in shares of 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 buying an additional 160,409 shares during the period. Nordea Investment Management AB increased its stake in shares of Ford Motor by 8.7% in the 4th quarter. Nordea Investment Management AB now owns 316,177 shares of the auto manufacturer's stock worth $3,146,000 after acquiring an additional 25,229 shares in the last quarter. Watts Gwilliam & Co. LLC lifted its position in Ford Motor by 13.1% during the 4th quarter. Watts Gwilliam & Co. LLC now owns 16,042 shares of the auto manufacturer's stock valued at $157,000 after acquiring 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 worth $513,000 after acquiring an additional 1,267 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on F shares. TD Cowen started coverage on shares of Ford Motor in a report on Friday, March 7th. They set a "hold" rating and a $10.00 target price for the company. JPMorgan Chase & Co. boosted their target price on Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Bank of America reduced their price target on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a report on Thursday, February 6th. BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a research note on Monday, February 10th. Finally, Barclays raised their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, Ford Motor has an average rating of "Hold" and an average target price of $10.00.
Read Our Latest Analysis on Ford Motor
Ford Motor Stock Performance
NYSE F traded up $0.17 during trading hours on Friday, hitting $10.45. 76,201,623 shares of the company's stock traded hands, compared to its average volume of 75,066,779. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. The firm has a market capitalization of $41.42 billion, a P/E ratio of 7.16, a P/E/G ratio of 0.61 and a beta of 1.53. 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 business's fifty day moving average price is $9.81 and its two-hundred day moving average price is $10.06.
Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.16. The company had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Ford Motor's quarterly revenue was down 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 earnings per share. Equities research analysts predict that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be paid 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 payout ratio is 48.00%.
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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