Ford Motor (NYSE:F) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System lowered its position in shares of Ford Motor (NYSE:F - Free Report) by 8.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,833,267 shares of the auto manufacturer's stock after selling 520,851 shares during the period. California State Teachers Retirement System owned about 0.15% of Ford Motor worth $57,749,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. NCP Inc. raised its stake in Ford Motor by 62.0% in 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. Alberta Investment Management Corp increased its holdings in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock valued at $1,941,000 after acquiring an additional 91,300 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Ford Motor by 12.3% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer's stock valued at $4,511,000 after purchasing an additional 49,844 shares during the last quarter. ABC Arbitrage SA acquired a new stake in Ford Motor in the 4th quarter worth approximately $1,012,000. Finally, Wernau Asset Management Inc. purchased a new stake in Ford Motor during the 4th quarter worth approximately $344,000. Institutional investors own 58.74% of the company's stock.

Ford Motor Price Performance

Shares of F traded up $0.03 during mid-day trading on Thursday, hitting $10.20. 101,638,131 shares of the company were exchanged, compared to its average volume of 77,102,875. Ford Motor has a 1-year low of $8.44 and a 1-year 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 company has a 50 day moving average of $9.99 and a 200-day moving average of $10.04. The stock has a market cap of $40.54 billion, a price-to-earnings ratio of 6.98, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.16. The firm had revenue of $40.66 billion during 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 company's revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 EPS. Analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.89%. Ford Motor's payout ratio is 48.00%.

Analyst Ratings Changes

A number of brokerages have issued reports on F. Bank of America cut their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Barclays boosted their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Evercore ISI dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a report on Monday, February 10th. Finally, Wall Street Zen lowered shares of Ford Motor from a "hold" rating to a "sell" rating in a report on Saturday, May 24th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of "Hold" and a consensus target price of $10.03.

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.