Stephens Inc. AR lessened its stake in Ford Motor Company (NYSE:F – Free Report) by 28.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 95,686 shares of the auto manufacturer’s stock after selling 38,881 shares during the quarter. Stephens Inc. AR’s holdings in Ford Motor were worth $1,104,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in F. Norges Bank acquired a new stake in shares of Ford Motor during the 4th quarter valued at $674,437,000. Marshall Wace LLP increased its stake in shares of Ford Motor by 81.1% in the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after acquiring an additional 15,866,285 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Ford Motor by 610.1% in the fourth quarter. AQR Capital Management LLC now owns 11,177,304 shares of the auto manufacturer’s stock worth $146,646,000 after acquiring an additional 9,603,267 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Ford Motor by 26.9% during the fourth quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock worth $500,572,000 after acquiring an additional 8,086,564 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Ford Motor by 458.7% during the first quarter. SG Americas Securities LLC now owns 9,002,765 shares of the auto manufacturer’s stock worth $103,892,000 after acquiring an additional 7,391,361 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.
Ford Motor Trading Up 2.8%
Shares of NYSE:F opened at $13.99 on Friday. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. The stock’s 50-day moving average is $14.10 and its 200-day moving average is $13.38. The company has a market cap of $55.77 billion, a P/E ratio of -9.03, a P/E/G ratio of 0.30 and a beta of 1.82. Ford Motor Company has a 52-week low of $10.68 and a 52-week high of $17.78.
Ford Motor Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s payout ratio is currently -38.71%.
Analyst Upgrades and Downgrades
A number of brokerages have commented on F. Royal Bank Of Canada restated a “sector perform” rating and issued a $13.00 target price on shares of Ford Motor in a research note on Friday, May 15th. Morgan Stanley reaffirmed an “equal weight” rating and set a $14.00 price target on shares of Ford Motor in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a report on Wednesday, June 24th. Zacks Research raised Ford Motor from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. Finally, Citigroup increased their price objective on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus price target of $14.77.
View Our Latest Research Report on F
Ford Motor Profile
Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.
Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.
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