Centiva Capital LP Has $593,000 Stake in Ford Motor (NYSE:F)

Centiva Capital LP reduced its position in shares of Ford Motor (NYSE:F) by 35.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,881 shares of the auto manufacturer’s stock after selling 32,547 shares during the quarter. Centiva Capital LP’s holdings in Ford Motor were worth $593,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock worth $3,980,630,000 after acquiring an additional 57,182,803 shares in the last quarter. Norges Bank acquired a new position in Ford Motor in the 4th quarter worth about $387,282,000. Charles Schwab Investment Management Inc. raised its stake in shares of Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer’s stock valued at $460,444,000 after buying an additional 4,925,993 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Ford Motor by 11.0% in the 4th quarter. Northern Trust Corp now owns 37,314,829 shares of the auto manufacturer’s stock valued at $369,417,000 after buying an additional 3,699,857 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the subject of a number of analyst reports. Wells Fargo & Company reduced their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Sanford C. Bernstein cut shares of Ford Motor from a “market perform” rating to an “underperform” rating and decreased their price objective for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. JPMorgan Chase & Co. raised their target price on Ford Motor from $11.00 to $12.00 and gave the company an “overweight” rating in a report on Thursday, May 1st. Bank of America decreased their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, TD Cowen assumed coverage on Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $10.00.

Ford Motor Stock Performance

NYSE F opened at $10.45 on Friday. The company’s fifty day moving average is $9.81 and its two-hundred day moving average is $10.06. Ford Motor has a 52-week low of $8.44 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The firm has a market capitalization of $41.42 billion, a price-to-earnings ratio of 7.16, a P/E/G ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The firm had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. During the same period in the previous year, the company posted $0.49 earnings per share. The company’s quarterly revenue was down 6.2% compared to the same quarter last year. Equities research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.74%. Ford Motor’s dividend payout ratio (DPR) is currently 48.00%.

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.