QS Investors LLC Increases Stake in Ford Motor (F)
QS Investors LLC grew its holdings in Ford Motor (NYSE:F) by 9.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,207,038 shares of the auto manufacturer’s stock after acquiring an additional 101,545 shares during the quarter. QS Investors LLC’s holdings in Ford Motor were worth $15,076,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in F. Nationwide Fund Advisors raised its holdings in Ford Motor by 0.9% during the third quarter. Nationwide Fund Advisors now owns 1,102,511 shares of the auto manufacturer’s stock worth $13,197,000 after purchasing an additional 10,082 shares in the last quarter. Andra AP fonden raised its holdings in Ford Motor by 6.4% during the third quarter. Andra AP fonden now owns 168,200 shares of the auto manufacturer’s stock worth $2,013,000 after purchasing an additional 10,100 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in Ford Motor by 5.0% during the third quarter. Daiwa Securities Group Inc. now owns 140,412 shares of the auto manufacturer’s stock worth $1,680,000 after purchasing an additional 6,739 shares in the last quarter. Bessemer Group Inc. raised its holdings in Ford Motor by 22.5% during the third quarter. Bessemer Group Inc. now owns 42,327 shares of the auto manufacturer’s stock worth $506,000 after purchasing an additional 7,782 shares in the last quarter. Finally, HL Financial Services LLC raised its holdings in Ford Motor by 33.8% during the third quarter. HL Financial Services LLC now owns 332,946 shares of the auto manufacturer’s stock worth $3,985,000 after purchasing an additional 84,065 shares in the last quarter. 60.96% of the stock is owned by institutional investors and hedge funds.
Several research firms recently issued reports on F. BMO Capital Markets reissued a “hold” rating and set a $11.00 price target on shares of Ford Motor in a report on Tuesday, March 6th. Zacks Investment Research raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Thursday, February 15th. ValuEngine cut shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Monday, February 5th. Nomura cut their price target on shares of Ford Motor to $11.00 and set a “neutral” rating for the company in a report on Thursday, February 1st. Finally, Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 price target for the company. in a report on Monday, January 29th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. Ford Motor has an average rating of “Hold” and an average target price of $12.44.
Ford Motor (NYSE F) opened at $10.73 on Friday. Ford Motor has a 1-year low of $10.14 and a 1-year high of $13.48. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.23 and a quick ratio of 1.12. The stock has a market cap of $42,630.00, a PE ratio of 5.96, a price-to-earnings-growth ratio of 0.65 and a beta of 1.12.
Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). The business had revenue of $38.50 billion during the quarter, compared to analyst estimates of $36.96 billion. Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.30 earnings per share. equities research analysts anticipate that Ford Motor will post 1.55 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, January 29th. This represents a $0.60 annualized dividend and a dividend yield of 5.59%. Ford Motor’s dividend payout ratio is presently 33.33%.
About Ford Motor
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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