GTS Securities LLC increased its position in Ford Motor (NYSE:F - Free Report) by 78.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,219 shares of the auto manufacturer's stock after buying an additional 36,588 shares during the period. GTS Securities LLC's holdings in Ford Motor were worth $824,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its position in Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock worth $3,980,630,000 after purchasing an additional 57,182,803 shares during the period. Norges Bank acquired a new position in Ford Motor in the 4th quarter worth $387,282,000. Jacobs Levy Equity Management Inc. lifted its holdings in Ford Motor by 88.0% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after buying an additional 10,535,335 shares in the last quarter. Voloridge Investment Management LLC lifted its holdings in Ford Motor by 2,905.1% in the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock worth $79,096,000 after buying an additional 7,723,601 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after buying an additional 6,497,321 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on F. Barclays upped their target price 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. Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Royal Bank of Canada dropped their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 6th. Bank of America decreased their target price on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research report on Thursday, February 6th. Finally, Wells Fargo & Company decreased their target price 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. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $10.03.
Read Our Latest Analysis on Ford Motor
Ford Motor Price Performance
NYSE:F traded down $0.02 during trading hours on Thursday, reaching $10.16. 40,536,340 shares of the company's stock were exchanged, compared to its average volume of 76,764,091. The company has a market capitalization of $40.38 billion, a P/E ratio of 6.96, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The business's 50-day simple moving average is $9.99 and its two-hundred day simple moving average is $10.04.
Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.16. The business 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 firm's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 EPS. Sell-side analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.91%. Ford Motor's payout ratio is 48.00%.
Ford Motor Profile
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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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