Charles Schwab Investment Management Inc. Purchases 6,497,321 Shares of Ford Motor (NYSE:F)

Charles Schwab Investment Management Inc. grew its position in Ford Motor (NYSE:F) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,106,379 shares of the auto manufacturer’s stock after acquiring an additional 6,497,321 shares during the period. Charles Schwab Investment Management Inc. owned about 3.25% of Ford Motor worth $1,278,153,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of F. Hager Investment Management Services LLC bought a new stake in shares of Ford Motor during the 4th quarter worth about $26,000. Bank of Jackson Hole Trust bought a new stake in shares of Ford Motor during the 4th quarter worth about $29,000. Kentucky Trust Co bought a new stake in shares of Ford Motor during the 4th quarter worth about $31,000. Access Investment Management LLC bought a new stake in shares of Ford Motor during the 3rd quarter worth about $34,000. Finally, Crewe Advisors LLC boosted its holdings in shares of Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,068 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $9.39 on Tuesday. The company has a 50 day simple moving average of $9.76 and a 200 day simple moving average of $10.41. The stock has a market cap of $37.22 billion, a price-to-earnings ratio of 6.43, a P/E/G ratio of 0.61 and a beta of 1.63. Ford Motor has a 1 year low of $9.10 and a 1 year high of $14.85. 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 (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors 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 yield of 6.39%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is 41.10%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on F. BNP Paribas raised shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Evercore ISI cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the company from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $11.89.

About Ford Motor

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.