Treasurer of the State of North Carolina Purchases 33,200 Shares of Ford Motor (NYSE:F)

Treasurer of the State of North Carolina grew its stake in shares of Ford Motor (NYSE:F - Free Report) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,767,318 shares of the auto manufacturer's stock after purchasing an additional 33,200 shares during the quarter. Treasurer of the State of North Carolina's holdings in Ford Motor were worth $17,496,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Ford Motor by 16.6% in the fourth 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 last quarter. Norges Bank bought a new stake in shares of Ford Motor in the 4th quarter worth approximately $387,282,000. Charles Schwab Investment Management Inc. raised its position in shares of Ford Motor by 5.3% in 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 buying an additional 6,497,321 shares in the last quarter. APG Asset Management N.V. purchased a new position in shares of Ford Motor in the fourth quarter worth about $20,408,000. Finally, Geode Capital Management LLC lifted its stake in Ford Motor by 2.5% in 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. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Up 1.5 %

NYSE F traded up $0.14 during trading hours on Wednesday, reaching $9.59. The company had a trading volume of 53,515,505 shares, compared to its average volume of 70,834,088. The stock has a market capitalization of $38.01 billion, a P/E ratio of 6.57, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The stock has a 50-day moving average of $9.58 and a 200 day moving average of $10.15. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85. 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 released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping 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%. As a group, research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's dividend payout ratio is currently 41.10%.

Analysts Set New Price Targets

Several brokerages recently issued reports on F. Barclays decreased their target price on Ford Motor from $10.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. cut their price objective on Ford Motor from $13.00 to $11.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. TD Cowen assumed coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. Sanford C. Bernstein downgraded Ford Motor from a "market perform" rating to an "underperform" rating and decreased their price target for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. Finally, Bank of America dropped their price objective 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. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $10.30.

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.