Natixis Advisors LLC boosted its holdings in Ford Motor Company (NYSE:F – Free Report) by 11.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,670,818 shares of the auto manufacturer’s stock after purchasing an additional 171,284 shares during the period. Natixis Advisors LLC’s holdings in Ford Motor were worth $21,921,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of F. Grove Bank & Trust boosted its holdings in Ford Motor by 110.7% in the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,000 shares during the last quarter. Olistico Wealth LLC purchased a new position in Ford Motor in the fourth quarter valued at about $26,000. Johnson Financial Group Inc. boosted its holdings in Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. bought a new position in Ford Motor during the 4th quarter worth approximately $29,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in Ford Motor during the 3rd quarter worth approximately $32,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.
Wall Street Analyst Weigh In
F has been the topic of a number of research analyst reports. Wells Fargo & Company reduced their target price on Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a report on Tuesday, March 31st. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $13.00 target price on shares of Ford Motor in a report on Friday, May 15th. TD Cowen reduced their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a report on Friday, May 1st. Bank of America increased their target price on Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus price target of $14.20.
Ford Motor Trading Down 2.8%
Shares of NYSE F opened at $14.91 on Friday. The company has a market cap of $59.39 billion, a price-to-earnings ratio of -9.62, a price-to-earnings-growth ratio of 0.33 and a beta of 1.79. Ford Motor Company has a 12-month low of $10.15 and a 12-month high of $17.78. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The stock’s 50 day simple moving average is $13.12 and its 200 day simple moving average is $13.22.
Ford Motor (NYSE:F – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. Equities research analysts expect that Ford Motor Company will post 1.64 EPS for the current year.
Ford Motor Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. Ford Motor’s dividend payout ratio (DPR) is -38.71%.
About Ford Motor
Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.
Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.
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