Commerzbank Aktiengesellschaft FI grew its holdings in Ford Motor (NYSE:F – Free Report) by 31.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 207,773 shares of the auto manufacturer’s stock after acquiring an additional 49,175 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Ford Motor were worth $2,053,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after acquiring an additional 6,497,321 shares during the period. State of Michigan Retirement System grew its holdings in shares of Ford Motor by 3.7% during the 4th quarter. State of Michigan Retirement System now owns 1,457,879 shares of the auto manufacturer’s stock worth $14,433,000 after purchasing an additional 51,700 shares in the last quarter. Bedel Financial Consulting Inc. acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $162,000. Wernau Asset Management Inc. bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $344,000. Finally, Plato Investment Management Ltd raised its stake in shares of Ford Motor by 27.4% in the fourth quarter. Plato Investment Management Ltd now owns 152,999 shares of the auto manufacturer’s stock valued at $1,520,000 after purchasing an additional 32,863 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on F. Wells Fargo & Company lowered their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Bank of America decreased their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Finally, Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus target price of $11.89.
Ford Motor Stock Performance
Shares of NYSE:F opened at $9.39 on Tuesday. The business has a fifty day moving average of $9.76 and a 200-day moving average of $10.41. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85. The firm has a market cap of $37.22 billion, a PE ratio of 6.43, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63.
Ford Motor (NYSE:F – Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities research analysts predict 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 $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.39%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.
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.
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