Prudential PLC increased its position in Ford Motor Company (NYSE:F – Free Report) by 67.5% in the fourth quarter, Holdings Channel reports. The firm owned 220,511 shares of the auto manufacturer’s stock after purchasing an additional 88,867 shares during the quarter. Prudential PLC’s holdings in Ford Motor were worth $2,893,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vise Technologies Inc. increased its holdings in shares of Ford Motor by 156.0% in the 4th quarter. Vise Technologies Inc. now owns 206,830 shares of the auto manufacturer’s stock valued at $2,714,000 after acquiring an additional 126,051 shares during the last quarter. Continuum Advisory LLC lifted its stake in Ford Motor by 8.5% during the fourth quarter. Continuum Advisory LLC now owns 32,383 shares of the auto manufacturer’s stock worth $425,000 after purchasing an additional 2,532 shares during the last quarter. State of Wyoming boosted its holdings in Ford Motor by 350.9% in the fourth quarter. State of Wyoming now owns 52,153 shares of the auto manufacturer’s stock worth $684,000 after purchasing an additional 40,587 shares during the period. TD Asset Management Inc boosted its holdings in Ford Motor by 11.0% in the fourth quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer’s stock worth $25,036,000 after purchasing an additional 189,310 shares during the period. Finally, Lido Advisors LLC increased its stake in Ford Motor by 1.1% during the fourth quarter. Lido Advisors LLC now owns 260,814 shares of the auto manufacturer’s stock valued at $3,147,000 after purchasing an additional 2,811 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Ford Motor Stock Up 0.0%
F stock opened at $14.91 on Monday. The stock has a market cap of $59.39 billion, a PE ratio of -9.62, a price-to-earnings-growth ratio of 0.32 and a beta of 1.79. The firm’s 50-day simple moving average is $13.12 and its 200 day simple moving average is $13.22. Ford Motor Company has a fifty-two week low of $10.15 and a fifty-two week high of $17.78. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84.
Ford Motor Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. Ford Motor’s payout ratio is currently -38.71%.
Wall Street Analysts Forecast Growth
F has been the topic of a number of recent research reports. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a research report on Friday, May 15th. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. UBS Group decreased their target price on Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Finally, Wells Fargo & Company dropped their price target on Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research report on Tuesday, March 31st. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $14.20.
About Ford Motor
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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