Modera Wealth Management LLC Grows Stock Position in Ford Motor (NYSE:F)

Modera Wealth Management LLC grew its holdings in Ford Motor (NYSE:F) by 21.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,552 shares of the auto manufacturer’s stock after acquiring an additional 5,262 shares during the quarter. Modera Wealth Management LLC’s holdings in Ford Motor were worth $293,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of F. Charles Schwab Investment Management Inc. increased its position in shares of Ford Motor by 4.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after acquiring an additional 5,270,562 shares during the period. Geode Capital Management LLC grew its stake in Ford Motor by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after purchasing an additional 1,336,676 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Ford Motor by 2.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after purchasing an additional 636,330 shares during the period. Jacobs Levy Equity Management Inc. raised its stake in shares of Ford Motor by 112.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after purchasing an additional 6,348,185 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in shares of Ford Motor by 0.7% during the third quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock worth $122,917,000 after purchasing an additional 84,600 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE F opened at $9.65 on Thursday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm has a market cap of $38.23 billion, a PE ratio of 6.61, a PEG ratio of 0.61 and a beta of 1.63. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The firm has a fifty day moving average of $9.73 and a 200 day moving average of $10.39.

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

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.22%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wells Fargo & Company cut their price target 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. Royal Bank of Canada cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $11.89.

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.