Nuveen Asset Management LLC Sells 586,455 Shares of Ford Motor (NYSE:F)

Nuveen Asset Management LLC trimmed its position in shares of Ford Motor (NYSE:F - Free Report) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,637,750 shares of the auto manufacturer's stock after selling 586,455 shares during the quarter. Nuveen Asset Management LLC owned 0.29% of Ford Motor worth $115,214,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in F. McGowan Group Asset Management Inc. increased its stake in shares of Ford Motor by 3.1% during the 4th quarter. McGowan Group Asset Management Inc. now owns 70,405 shares of the auto manufacturer's stock worth $697,000 after purchasing an additional 2,136 shares during the last quarter. Mork Capital Management LLC purchased a new stake in shares of Ford Motor during the 4th quarter valued at approximately $987,000. Jacobs Levy Equity Management Inc. boosted 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 during the period. KKM Financial LLC grew its stake in Ford Motor by 1.8% in the 4th quarter. KKM Financial LLC now owns 167,571 shares of the auto manufacturer's stock valued at $1,659,000 after buying an additional 2,890 shares in the last quarter. Finally, Gotham Asset Management LLC raised its holdings in Ford Motor by 134.7% during the 4th quarter. Gotham Asset Management LLC now owns 395,334 shares of the auto manufacturer's stock valued at $3,914,000 after acquiring an additional 226,886 shares during the period. Institutional investors own 58.74% of the company's stock.

Ford Motor Price Performance

NYSE F traded down $0.06 on Monday, reaching $10.74. 60,113,280 shares of the company's stock traded hands, compared to its average volume of 75,763,106. The stock has a market cap of $42.57 billion, a PE ratio of 7.36, a P/E/G ratio of 0.61 and a beta of 1.53. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The stock has a 50-day simple moving average of $9.90 and a 200 day simple moving average of $10.05.

Ford Motor (NYSE:F - Get Free Report) last posted 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. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. During the same period in the previous year, the firm posted $0.49 earnings per share. The firm's revenue for the quarter was down 6.2% on a year-over-year basis. As a group, research analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date is Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Wall Street Analyst Weigh In

F has been the topic of a number of recent research reports. Citigroup increased their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and reduced their price objective for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. Royal Bank of Canada lowered their target price 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. Barclays raised their price target 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. Finally, Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $10.00.

Ford Motor 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.