Toronto Dominion Bank raised its holdings in Ford Motor (NYSE:F) by 7.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,747,191 shares of the auto manufacturer’s stock after buying an additional 196,128 shares during the quarter. Toronto Dominion Bank owned 0.07% of Ford Motor worth $25,545,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in F. Penserra Capital Management LLC bought a new stake in Ford Motor in the 3rd quarter valued at $25,000. CFM Wealth Partners LLC bought a new stake in Ford Motor in the 4th quarter valued at $25,000. Howard Wealth Management LLC bought a new stake in Ford Motor in the 4th quarter valued at $27,000. Stonebridge Financial Planning Group LLC bought a new stake in Ford Motor in the 4th quarter valued at $27,000. Finally, Norway Savings Bank bought a new stake in Ford Motor in the 4th quarter valued at $29,000. 53.98% of the stock is currently owned by hedge funds and other institutional investors.
Shares of F traded up $0.28 during trading hours on Friday, hitting $5.63. The stock had a trading volume of 125,290,368 shares, compared to its average volume of 84,257,664. The company’s fifty day moving average is $7.81 and its two-hundred day moving average is $8.77. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.16 and a quick ratio of 1.05. Ford Motor has a 52 week low of $5.12 and a 52 week high of $10.56. The stock has a market capitalization of $21.21 billion, a price-to-earnings ratio of 281.64, a P/E/G ratio of 1.17 and a beta of 1.18.
Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 4th. The auto manufacturer reported $0.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.05). The firm had revenue of $39.70 billion during the quarter, compared to the consensus estimate of $36.55 billion. Ford Motor had a return on equity of 13.84% and a net margin of 0.03%. The firm’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 EPS. Equities analysts predict that Ford Motor will post 0.91 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, January 30th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, January 29th. This represents a $0.60 annualized dividend and a yield of 10.66%. Ford Motor’s dividend payout ratio (DPR) is 50.42%.
In related news, CEO James P. Hackett sold 20,000 shares of the company’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $9.29, for a total transaction of $185,800.00. Following the transaction, the chief executive officer now owns 145,184 shares in the company, valued at approximately $1,348,759.36. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John C. Lechleiter purchased 10,000 shares of Ford Motor stock in a transaction that occurred on Wednesday, February 12th. The shares were bought at an average price of $8.24 per share, for a total transaction of $82,400.00. 0.83% of the stock is owned by corporate insiders.
Several brokerages have issued reports on F. Wolfe Research raised shares of Ford Motor from a “peer perform” rating to an “outperform” rating and set a $12.00 price target on the stock in a report on Tuesday, January 7th. TheStreet lowered shares of Ford Motor from a “b-” rating to a “c” rating in a report on Tuesday, February 4th. DZ Bank lowered shares of Ford Motor from a “buy” rating to a “sell” rating and set a $7.25 price target on the stock. in a report on Friday, February 7th. Bank of America lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Finally, Evercore ISI lowered shares of Ford Motor from an “in-line” rating to an “underperform” rating in a report on Thursday, January 2nd. Four analysts have rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $9.98.
Ford Motor Company Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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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