Janney Montgomery Scott LLC Has $4.71 Million Stock Position in Ford Motor Company (NYSE:F)

Janney Montgomery Scott LLC decreased its holdings in Ford Motor Company (NYSE:F - Free Report) by 52.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 469,431 shares of the auto manufacturer's stock after selling 520,843 shares during the period. Janney Montgomery Scott LLC's holdings in Ford Motor were worth $4,708,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in Ford Motor by 16.6% in the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after buying an additional 57,182,803 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Ford Motor by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after acquiring an additional 6,497,321 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Ford Motor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock worth $830,662,000 after acquiring an additional 2,089,127 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Ford Motor by 11.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after purchasing an additional 4,925,993 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $387,282,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE F traded up $0.16 during trading hours on Thursday, hitting $10.64. 88,365,181 shares of the stock were exchanged, compared to its average volume of 81,345,544. The company's fifty day simple moving average is $10.32 and its two-hundred day simple moving average is $9.96. The company has a market cap of $42.29 billion, a PE ratio of 8.51, a price-to-earnings-growth ratio of 0.89 and a beta of 1.50. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.85.

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, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The firm had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. During the same period in the prior year, the company earned $0.49 earnings per share. The company's quarterly revenue was down 6.2% on a year-over-year basis. On average, sell-side analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.64%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Wall Street Analysts Forecast Growth

F has been the subject of several research reports. Piper Sandler lifted their price target on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. increased their price objective on Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. TD Cowen started coverage on shares of Ford Motor in a research note on Friday, March 7th. They issued a "hold" rating and a $10.00 price target on the stock. Finally, Sanford C. Bernstein lowered shares of Ford Motor from a "market perform" rating to an "underperform" rating and lowered their price target for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $10.03.

About Ford Motor

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.