BOS Asset Management LLC reduced its position in shares of Ford Motor (NYSE:F – Free Report) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 45,900 shares of the auto manufacturer’s stock after selling 1,982 shares during the quarter. BOS Asset Management LLC’s holdings in Ford Motor were worth $454,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Ford Motor by 16.6% in the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after acquiring an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 5.3% in 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 purchasing an additional 6,497,321 shares in the last quarter. Geode Capital Management LLC raised its holdings in Ford Motor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock worth $830,662,000 after purchasing an additional 2,089,127 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Ford Motor by 11.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer’s stock worth $460,444,000 after purchasing an additional 4,925,993 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Ford Motor in the 4th quarter valued at $387,282,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on F shares. Barclays decreased their target price on Ford Motor from $10.00 to $8.00 and set an “equal weight” rating for the company in a research note on Tuesday. The Goldman Sachs Group reiterated a “neutral” rating and issued a $9.00 price objective (down from $11.00) on shares of Ford Motor in a research report on Thursday, April 10th. Bank of America dropped their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. TD Cowen assumed coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 price target for the company. Finally, Wells Fargo & Company cut their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $10.30.
Ford Motor Price Performance
Ford Motor stock opened at $9.63 on Friday. The stock’s 50 day moving average is $9.60 and its 200-day moving average is $10.13. The company has a market capitalization of $38.16 billion, a price-to-earnings ratio of 6.59, a PEG ratio of 0.61 and a beta of 1.41. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.
Ford Motor (NYSE:F – Get Free Report) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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%. Equities research analysts expect that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.23%. Ford Motor’s payout ratio is 41.10%.
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.
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