Price T Rowe Associates Inc. MD Has $55.15 Million Stake in Ford Motor (NYSE:F)

Price T Rowe Associates Inc. MD lessened its position in shares of Ford Motor (NYSE:F - Free Report) by 16.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,570,170 shares of the auto manufacturer's stock after selling 1,080,892 shares during the quarter. Price T Rowe Associates Inc. MD owned about 0.14% of Ford Motor worth $55,146,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in F. Vanguard Group Inc. lifted its stake in shares of 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 purchasing an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Ford Motor by 5.3% during 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 during the period. Geode Capital Management LLC increased its stake in shares of Ford Motor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock valued at $830,662,000 after acquiring an additional 2,089,127 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Ford Motor by 11.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after acquiring an additional 4,925,993 shares during the period. Finally, Norges Bank acquired a new position in Ford Motor during the fourth quarter valued at approximately $387,282,000. Institutional investors own 58.74% of the company's stock.

Ford Motor Stock Performance

NYSE:F traded up $0.15 on Friday, hitting $10.33. The company's stock had a trading volume of 47,074,821 shares, compared to its average volume of 112,386,281. Ford Motor has a one year low of $8.44 and a one year high of $14.85. The firm has a market capitalization of $40.92 billion, a P/E ratio of 7.07, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The stock has a fifty day moving average of $9.70 and a two-hundred day moving average of $10.09. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Research analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be paid 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 5.81%. Ford Motor's dividend payout ratio (DPR) is currently 41.10%.

Analysts Set New Price Targets

F has been the topic of several recent analyst reports. Evercore ISI cut their price objective on Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a report on Monday, February 10th. UBS Group cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Bank of America lowered their target price on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a report on Thursday, February 6th. Royal Bank of Canada cut their price target on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a report on Thursday, February 6th. Finally, Piper Sandler dropped their target price on Ford Motor from $13.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, March 20th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, Ford Motor currently has an average rating of "Hold" and an average price target of $9.83.

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.