Ford Motor Company $F Holdings Lifted by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in Ford Motor Company (NYSE:F) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 462,245,997 shares of the auto manufacturer’s stock after purchasing an additional 4,585,636 shares during the quarter. Vanguard Group Inc. owned about 0.12% of Ford Motor worth $5,015,369,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Intrust Bank NA lifted its position in shares of Ford Motor by 28.8% in the 2nd quarter. Intrust Bank NA now owns 69,467 shares of the auto manufacturer’s stock valued at $754,000 after acquiring an additional 15,547 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in Ford Motor by 3.6% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 1,480,068 shares of the auto manufacturer’s stock worth $16,059,000 after purchasing an additional 51,137 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Ford Motor by 3.7% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 2,116,798 shares of the auto manufacturer’s stock valued at $22,967,000 after acquiring an additional 75,980 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of Ford Motor by 4.1% during the 2nd quarter. Kingsview Wealth Management LLC now owns 118,669 shares of the auto manufacturer’s stock valued at $1,288,000 after purchasing an additional 4,707 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its position in shares of Ford Motor by 40.0% in the second quarter. Citizens Financial Group Inc. RI now owns 21,259 shares of the auto manufacturer’s stock worth $231,000 after buying an additional 6,072 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. UBS Group raised their price target on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. upped their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Wells Fargo & Company increased their price objective on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research note on Friday, October 24th. The Goldman Sachs Group lifted their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, September 29th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Ford Motor in a report on Monday. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $11.73.

Ford Motor Stock Down 1.0%

Shares of NYSE:F opened at $12.90 on Thursday. The business’s 50 day simple moving average is $12.38 and its two-hundred day simple moving average is $11.50. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $13.97. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. The firm has a market cap of $51.38 billion, a P/E ratio of 11.12, a PEG ratio of 4.03 and a beta of 1.60.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The firm had revenue of $50.53 billion during the quarter, compared to analyst estimates of $43.08 billion. During the same period in the previous year, the company posted $0.49 EPS. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. As a group, research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Friday, November 7th. Ford Motor’s payout ratio is currently 51.72%.

Ford Motor Company 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.