Prudential Financial Inc. Has $73.44 Million Stock Position in Ford Motor (NYSE:F)

Prudential Financial Inc. lessened its stake in Ford Motor (NYSE:F) by 35.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,417,747 shares of the auto manufacturer’s stock after selling 3,994,619 shares during the quarter. Prudential Financial Inc. owned 0.19% of Ford Motor worth $73,436,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in F. Vanguard Group Inc. lifted its position in shares of Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock worth $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 5.3% in the 4th 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 buying an additional 6,497,321 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after buying an additional 6,348,185 shares in the last quarter. Worldquant Millennium Advisors LLC bought a new position in shares of Ford Motor in the 3rd quarter valued at about $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec raised its holdings in Ford Motor by 420.2% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock worth $63,812,000 after acquiring an additional 4,881,105 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on F shares. JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. 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. Finally, BNP Paribas upgraded Ford Motor to a “hold” rating in a report on Monday, February 10th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $11.50.

Ford Motor Stock Performance

NYSE:F opened at $10.25 on Tuesday. The stock has a 50 day simple moving average of $9.75 and a 200 day simple moving average of $10.29. The stock has a market cap of $40.61 billion, a P/E ratio of 7.02, a PEG ratio of 0.61 and a beta of 1.59. Ford Motor has a 1-year low of $9.06 and a 1-year 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) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 5.86%. Ford Motor’s dividend payout ratio is presently 41.10%.

Ford Motor 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.