Plato Investment Management Ltd Grows Stock Position in Ford Motor (NYSE:F)

Plato Investment Management Ltd increased its position in Ford Motor (NYSE:F) by 27.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,999 shares of the auto manufacturer’s stock after acquiring an additional 32,863 shares during the quarter. Plato Investment Management Ltd’s holdings in Ford Motor were worth $1,520,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in F. Creative Financial Designs Inc. ADV increased its holdings in Ford Motor by 26.6% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 24,903 shares of the auto manufacturer’s stock worth $263,000 after acquiring an additional 5,234 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Ford Motor by 4.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 43,153 shares of the auto manufacturer’s stock worth $456,000 after acquiring an additional 2,004 shares in the last quarter. Pure Financial Advisors LLC increased its holdings in Ford Motor by 6.6% in the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after acquiring an additional 990 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Ford Motor by 49.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock worth $10,546,000 after acquiring an additional 329,631 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Ford Motor by 4.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,805,352 shares of the auto manufacturer’s stock worth $40,185,000 after purchasing an additional 146,376 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Bank of America dropped 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. Wells Fargo & Company dropped their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Royal Bank of Canada dropped their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research note on Thursday, February 6th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target 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, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.89.

Ford Motor Stock Down 1.7 %

NYSE F opened at $9.39 on Tuesday. The company has a market capitalization of $37.22 billion, a P/E ratio of 6.43, a P/E/G ratio of 0.61 and a beta of 1.63. The stock has a 50 day moving average price of $9.76 and a 200-day moving average price of $10.41. Ford Motor has a one year low of $9.10 and a one year 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.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, equities analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.39%. Ford Motor’s dividend payout ratio is presently 41.10%.

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.