TD Waterhouse Canada Inc. Sells 58,813 Shares of Ford Motor Company $F

TD Waterhouse Canada Inc. decreased its stake in shares of Ford Motor Company (NYSE:F) by 14.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 346,582 shares of the auto manufacturer’s stock after selling 58,813 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Ford Motor were worth $4,551,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. DLD Asset Management LP acquired a new position in shares of Ford Motor during the 3rd quarter valued at $299,000,000. Marshall Wace LLP increased its stake in Ford Motor by 81.1% in the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock valued at $423,847,000 after purchasing an additional 15,866,285 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its stake in Ford Motor by 190.7% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,006,776 shares of the auto manufacturer’s stock valued at $131,641,000 after purchasing an additional 7,220,686 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Ford Motor by 1.2% during the third quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock valued at $5,592,708,000 after purchasing an additional 5,371,758 shares during the period. Finally, Franklin Resources Inc. boosted its position in shares of Ford Motor by 235.5% during the 3rd quarter. Franklin Resources Inc. now owns 4,654,684 shares of the auto manufacturer’s stock worth $55,670,000 after purchasing an additional 3,267,209 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Insiders Place Their Bets

In other news, insider William Clay Ford, Jr. acquired 140,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were purchased at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the acquisition, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. The trade was a 3.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.63% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of several research reports. HSBC raised their target price on Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research note on Tuesday, January 13th. TD Cowen cut their price target on Ford Motor from $15.00 to $14.00 and set a “hold” rating on the stock in a report on Wednesday, April 15th. Wells Fargo & Company decreased their price objective on Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a report on Tuesday, March 31st. JPMorgan Chase & Co. increased their target price on Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Finally, Bank of America initiated coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They set a “buy” rating and a $17.00 price target for the company. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $13.66.

Ford Motor Price Performance

F stock opened at $12.80 on Wednesday. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. The business has a 50-day simple moving average of $12.57 and a two-hundred day simple moving average of $12.97. The company has a market capitalization of $51.05 billion, a P/E ratio of -6.21, a price-to-earnings-growth ratio of 0.30 and a beta of 1.70. Ford Motor Company has a 52-week low of $9.53 and a 52-week high of $14.80.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. The firm had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The company’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 earnings per share. Research analysts expect that Ford Motor Company will post 1.51 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, February 13th. This represents a $0.60 annualized dividend and a yield of 4.7%. Ford Motor’s dividend payout ratio (DPR) is -29.13%.

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.