Swiss National Bank Decreases Stock Position in Ford Motor (NYSE:F)

Swiss National Bank lessened its stake in Ford Motor (NYSE:F) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,029,886 shares of the auto manufacturer’s stock after selling 610,000 shares during the period. Swiss National Bank owned about 0.28% of Ford Motor worth $109,196,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of F. Hager Investment Management Services LLC bought a new stake in Ford Motor in the 4th quarter worth $26,000. Bank of Jackson Hole Trust purchased a new stake in shares of Ford Motor during the fourth quarter worth about $29,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the fourth quarter worth about $31,000. Crewe Advisors LLC increased its holdings in Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,068 shares during the period. Finally, Modus Advisors LLC bought a new position in Ford Motor during the 4th quarter valued at approximately $34,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Shares of F stock opened at $9.73 on Friday. 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 has a market capitalization of $38.54 billion, a price-to-earnings ratio of 6.66, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company’s 50-day moving average is $9.71 and its 200 day moving average is $10.34.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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%. Sell-side analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. Ford Motor’s payout ratio is 41.10%.

Analysts Set New Price Targets

F has been the topic of a number of recent analyst reports. TD Cowen started coverage on Ford Motor in a research report on Friday, March 7th. They issued a “hold” rating and a $10.00 price objective on the stock. Evercore ISI reduced their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Barclays lowered shares of 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 report on Wednesday, January 22nd. Wells Fargo & Company reduced their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.77.

Ford Motor Company 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.