Commerzbank Aktiengesellschaft FI raised its holdings in Ford Motor (NYSE:F – Free Report) by 31.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 207,773 shares of the auto manufacturer’s stock after purchasing an additional 49,175 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Ford Motor were worth $2,053,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Hager Investment Management Services LLC bought a new stake in shares of Ford Motor in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new position in Ford Motor during the fourth quarter valued at approximately $29,000. Kentucky Trust Co bought a new stake in Ford Motor in the fourth quarter valued at approximately $31,000. Crewe Advisors LLC raised its holdings in Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares during the period. Finally, Access Investment Management LLC bought a new position in shares of Ford Motor during the third quarter worth $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts recently commented on the stock. Royal Bank of Canada lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. JPMorgan Chase & Co. cut their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Evercore ISI decreased their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Wells Fargo & Company dropped their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Finally, Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.89.
Ford Motor Trading Down 1.7 %
Ford Motor stock opened at $9.39 on Tuesday. The company has a market cap of $37.22 billion, a price-to-earnings ratio of 6.43, a P/E/G ratio of 0.61 and a beta of 1.63. The firm has a 50-day moving average of $9.76 and a 200-day moving average of $10.41. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a one year low of $9.10 and a one year high of $14.85.
Ford Motor (NYSE:F – Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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 analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.39%. Ford Motor’s dividend payout ratio is presently 41.10%.
About Ford Motor
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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