Ford Motor (NYSE:F) Shares Sold by Amundi

Amundi lowered its holdings in Ford Motor (NYSE:F) by 39.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,301,194 shares of the auto manufacturer’s stock after selling 10,497,678 shares during the period. Amundi owned 0.41% of Ford Motor worth $159,433,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Dorsey & Whitney Trust CO LLC lifted its holdings in Ford Motor by 8.3% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 48,460 shares of the auto manufacturer’s stock worth $480,000 after buying an additional 3,699 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Ford Motor by 10.4% in the fourth quarter. Larson Financial Group LLC now owns 71,695 shares of the auto manufacturer’s stock valued at $710,000 after purchasing an additional 6,761 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Ford Motor during the fourth quarter worth approximately $2,376,000. PNC Financial Services Group Inc. raised its stake in Ford Motor by 0.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,097,103 shares of the auto manufacturer’s stock valued at $10,861,000 after buying an additional 3,318 shares in the last quarter. Finally, Beam Wealth Advisors Inc. acquired a new stake in shares of Ford Motor during the 4th quarter valued at approximately $231,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 3.1 %

NYSE F opened at $9.91 on Monday. The company has a market capitalization of $39.26 billion, a PE ratio of 6.78, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm’s fifty day simple moving average is $9.72 and its 200-day simple moving average is $10.38.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. TD Cowen began coverage on Ford Motor in a research note on Friday. They set a “hold” rating and a $10.00 price objective for the company. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Bank of America cut 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 report on Thursday, February 6th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $11.77.

Ford Motor 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.