SageView Advisory Group LLC Acquires 4,547 Shares of Ford Motor (NYSE:F)

SageView Advisory Group LLC boosted its holdings in shares of Ford Motor (NYSE:F) by 12.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 42,131 shares of the auto manufacturer’s stock after buying an additional 4,547 shares during the quarter. SageView Advisory Group LLC’s holdings in Ford Motor were worth $417,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in shares of Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after acquiring an additional 336,720 shares during the period. NCP Inc. raised its stake in Ford Motor by 62.0% during the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after acquiring an additional 28,528 shares during the period. Principal Financial Group Inc. lifted its holdings in Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after purchasing an additional 160,409 shares in the last quarter. Alberta Investment Management Corp boosted its position in shares of Ford Motor by 87.1% in the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock worth $1,941,000 after purchasing an additional 91,300 shares during the period. Finally, CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Ford Motor in the fourth quarter worth $10,853,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Ford Motor stock opened at $9.46 on Wednesday. The company’s 50-day moving average price is $9.58 and its 200-day moving average price is $10.15. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market cap of $37.47 billion, a PE ratio of 6.48, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. Ford Motor has a twelve month low of $8.44 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities research analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.35%. Ford Motor’s payout ratio is presently 41.10%.

Analyst Upgrades and Downgrades

F has been the topic of a number of analyst reports. TD Cowen assumed coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 target price on the stock. Sanford C. Bernstein downgraded Ford Motor from a “market perform” rating to an “underperform” rating and lowered their price objective for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. UBS Group cut their target price on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. Barclays lowered their price target on Ford Motor from $10.00 to $8.00 and set an “equal weight” rating on the stock in a report on Tuesday. Finally, Bank of America reduced their price objective 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. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $10.30.

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.