Achmea Investment Management B.V. lessened its position in Ford Motor (NYSE:F – Free Report) by 1.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,426,920 shares of the auto manufacturer’s stock after selling 27,192 shares during the quarter. Achmea Investment Management B.V.’s holdings in Ford Motor were worth $14,126,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of F. Apollon Wealth Management LLC boosted its position in Ford Motor by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after buying an additional 969 shares during the last quarter. Albion Financial Group UT raised its position in shares of Ford Motor by 38.5% during the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after acquiring an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its stake in shares of Ford Motor by 5.4% during the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after acquiring an additional 1,001 shares during the period. Angeles Wealth Management LLC increased its position in Ford Motor by 1.3% in the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after purchasing an additional 1,024 shares during the period. Finally, Atlas Brown Inc. raised its holdings in Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock worth $627,000 after purchasing an additional 1,047 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Ford Motor Stock Performance
Shares of F stock opened at $9.54 on Friday. The company has a market capitalization of $37.80 billion, a P/E ratio of 6.53, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. Ford Motor has a 52 week low of $9.06 and a 52 week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company’s 50 day moving average price is $9.71 and its two-hundred day moving average price is $10.35.
Ford Motor Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.29%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is presently 41.10%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on F shares. Evercore ISI reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Bank of America reduced their price objective 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. Royal Bank of Canada dropped their target price 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. JPMorgan Chase & Co. reduced their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.77.
Read Our Latest Stock Analysis on Ford Motor
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.
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