UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Position in Ford Motor (NYSE:F)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Ford Motor (NYSE:F) by 2.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 24,347,303 shares of the auto manufacturer’s stock after acquiring an additional 636,330 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Ford Motor were worth $257,108,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tidal Investments LLC boosted its holdings in shares of Ford Motor by 9.7% in the first quarter. Tidal Investments LLC now owns 155,875 shares of the auto manufacturer’s stock valued at $2,070,000 after acquiring an additional 13,820 shares during the period. LRI Investments LLC acquired a new stake in Ford Motor during the 1st quarter worth $66,000. Swedbank AB purchased a new position in Ford Motor during the 1st quarter worth $10,416,000. Pathway Financial Advisers LLC acquired a new position in Ford Motor in the first quarter valued at $44,000. Finally, DekaBank Deutsche Girozentrale raised its holdings in shares of Ford Motor by 12.6% in the first quarter. DekaBank Deutsche Girozentrale now owns 995,711 shares of the auto manufacturer’s stock valued at $12,853,000 after buying an additional 111,663 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Shares of F stock opened at $11.14 on Friday. The stock has a fifty day moving average price of $10.86 and a 200 day moving average price of $11.43. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The stock has a market cap of $44.25 billion, a PE ratio of 12.65, a P/E/G ratio of 2.02 and a beta of 1.62. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period in the previous year, the firm earned $0.39 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Sell-side analysts forecast that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.39%. Ford Motor’s dividend payout ratio is currently 68.18%.

Analysts Set New Price Targets

F has been the topic of several recent research reports. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and increased their price target for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Finally, Wolfe Research started coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $12.02.

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.