Ford Motor (NYSE:F) Holdings Decreased by SVB Wealth LLC

SVB Wealth LLC reduced its holdings in Ford Motor (NYSE:F) by 7.6% in the 1st quarter, Holdings Channel reports. The fund owned 65,582 shares of the auto manufacturer’s stock after selling 5,392 shares during the period. SVB Wealth LLC’s holdings in Ford Motor were worth $871,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Newport Trust Company LLC increased its stake in shares of Ford Motor by 4.5% in the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after acquiring an additional 6,667,808 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Ford Motor by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock valued at $1,068,596,000 after buying an additional 269,887 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares during the last quarter. Norges Bank bought a new position in Ford Motor during the fourth quarter valued at approximately $475,899,000. Finally, Dimensional Fund Advisors LP lifted its stake in Ford Motor by 2.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 27,314,520 shares of the auto manufacturer’s stock valued at $333,014,000 after acquiring an additional 528,823 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

F stock traded down $0.17 on Monday, reaching $11.02. 91,574,659 shares of the company were exchanged, compared to its average volume of 53,728,914. The firm has a market capitalization of $43.98 billion, a PE ratio of 11.33, a PEG ratio of 0.77 and a beta of 1.62. Ford Motor has a 12 month low of $9.63 and a 12 month high of $14.85. The stock’s fifty day moving average price is $12.55 and its 200 day moving average price is $12.42. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same period in the prior year, the company posted $0.72 EPS. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. On average, research analysts anticipate that Ford Motor will post 1.98 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.45%. The ex-dividend date of this dividend is Wednesday, August 7th. Ford Motor’s payout ratio is presently 61.86%.

Analysts Set New Price Targets

F has been the topic of several analyst reports. Sanford C. Bernstein started coverage on shares of Ford Motor in a research note on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target on the stock. Royal Bank of Canada raised their target price on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. StockNews.com cut Ford Motor from a “hold” rating to a “sell” rating in a research report on Thursday. Barclays lowered their price objective on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, UBS Group boosted their target price on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, April 25th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus target price of $13.79.

Insider Activity

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the sale, the director now owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.80% of the stock is currently owned by company insiders.

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.