Flputnam Investment Management Co. Decreases Stock Holdings in Ford Motor (NYSE:F)

Flputnam Investment Management Co. lessened its stake in Ford Motor (NYSE:F) by 26.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 14,058 shares of the auto manufacturer’s stock after selling 5,124 shares during the quarter. Flputnam Investment Management Co.’s holdings in Ford Motor were worth $139,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Franklin Resources Inc. lifted its holdings in shares of Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after purchasing an additional 336,720 shares during the last quarter. NCP Inc. increased its position in Ford Motor by 62.0% during the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock valued at $738,000 after buying an additional 28,528 shares in the last quarter. Principal Financial Group Inc. raised its stake in Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after buying an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in Ford Motor in the third quarter worth about $55,456,000. Finally, Alberta Investment Management Corp grew its stake in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock worth $1,941,000 after acquiring an additional 91,300 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Royal Bank of Canada decreased 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. Bank of America cut their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” 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 lowered their price objective for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Finally, BNP Paribas raised Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $11.89.

Ford Motor Stock Down 2.7 %

Shares of F stock opened at $9.14 on Wednesday. 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 has a twelve month low of $9.06 and a twelve month high of $14.85. The stock has a 50 day moving average of $9.74 and a 200 day moving average of $10.40. The stock has a market cap of $36.21 billion, a P/E ratio of 6.26, a P/E/G ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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, sell-side analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.57%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) 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.