Teacher Retirement System of Texas Increases Stake in Ford Motor (NYSE:F)

Teacher Retirement System of Texas lifted its stake in shares of Ford Motor (NYSE:F) by 23.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,647,903 shares of the auto manufacturer’s stock after buying an additional 310,780 shares during the quarter. Teacher Retirement System of Texas’ holdings in Ford Motor were worth $16,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of F. Albion Financial Group UT lifted its position in Ford Motor by 38.5% during the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its position in Ford Motor by 5.4% during the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after purchasing an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC lifted its position in Ford Motor by 1.3% during the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after purchasing an additional 1,024 shares during the last quarter. Atlas Brown Inc. lifted its position in Ford Motor by 1.7% during the fourth quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock valued at $627,000 after purchasing an additional 1,047 shares during the last quarter. Finally, Cornerstone Wealth Group LLC lifted its position in Ford Motor by 10.6% during the fourth quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock valued at $113,000 after purchasing an additional 1,098 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.3 %

Shares of Ford Motor stock opened at $10.05 on Friday. The firm’s 50 day moving average price is $9.73 and its 200-day moving average price is $10.30. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a 52-week low of $9.06 and a 52-week high of $14.85. The company has a market cap of $39.81 billion, a P/E ratio of 6.88, a PEG ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last issued its quarterly earnings data 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 net margin of 3.18% and a return on equity of 16.88%. On average, sell-side analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.

Analyst Ratings Changes

Several research firms have recently issued reports on F. Evercore ISI lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Wells Fargo & Company lowered their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Bank of America lowered their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $11.50.

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.