Vise Technologies Inc. bought a new stake in shares of Ford Motor Company (NYSE:F – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 92,652 shares of the auto manufacturer’s stock, valued at approximately $1,005,000.
A number of other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Ford Motor by 13.8% during the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock worth $4,590,333,000 after purchasing an additional 55,576,478 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after purchasing an additional 10,947,527 shares during the last quarter. Pacer Advisors Inc. lifted its stake in shares of Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock worth $492,253,000 after purchasing an additional 48,378,444 shares during the period. Bank of New York Mellon Corp raised its holdings in Ford Motor by 32.7% in the second quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock valued at $318,365,000 after buying an additional 7,238,424 shares during the period. Finally, Nuveen LLC purchased a new position in Ford Motor in the 1st quarter valued at about $123,147,000. 58.74% of the stock is currently owned by institutional investors.
Ford Motor Price Performance
NYSE F traded up $0.01 on Thursday, reaching $13.46. The company’s stock had a trading volume of 2,579,144 shares, compared to its average volume of 96,950,383. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. The stock has a market cap of $53.61 billion, a PE ratio of 11.56, a PEG ratio of 4.03 and a beta of 1.60. The firm’s 50 day moving average is $12.23 and its two-hundred day moving average is $11.40. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.97.
Ford Motor Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Friday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 51.72%.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on F. The Goldman Sachs Group raised their price target on Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, September 29th. Barclays lifted their price objective on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Monday, October 27th. UBS Group raised their price objective on shares of Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Monday, October 6th. JPMorgan Chase & Co. upped their price objective on Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Finally, Weiss Ratings upgraded shares of Ford Motor from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $11.73.
View Our Latest Report on Ford Motor
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.
Read More
- Five stocks we like better than Ford Motor
- There Are Different Types of Stock To Invest In
- Oklo’s Meltdown Is Over: A Robust Rebound Lies Ahead
- What Are Dividend Contenders? Investing in Dividend Contenders
- 3 Reasons On Holding’s Sell-Off Is Over and New Highs Are Coming
- 3 Grocery Stocks That Are Proving They Are Still Essential
- As Warren Buffett Nears His Exit, Berkshire’s Amassed Record Cash
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.
