Ford Motor (NYSE:F) Stock Holdings Decreased by Auxier Asset Management

Auxier Asset Management decreased its stake in shares of Ford Motor (NYSE:F) by 7.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,666 shares of the auto manufacturer’s stock after selling 1,000 shares during the period. Auxier Asset Management’s holdings in Ford Motor were worth $159,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Ensign Peak Advisors Inc increased its stake in Ford Motor by 40.5% during the second quarter. Ensign Peak Advisors Inc now owns 589,197 shares of the auto manufacturer’s stock valued at $7,389,000 after purchasing an additional 169,725 shares during the last quarter. Summit Trail Advisors LLC lifted its holdings in Ford Motor by 204.9% in the second quarter. Summit Trail Advisors LLC now owns 71,635 shares of the auto manufacturer’s stock worth $898,000 after acquiring an additional 48,138 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Ford Motor by 4.1% in the second quarter. Canada Pension Plan Investment Board now owns 1,372,643 shares of the auto manufacturer’s stock valued at $17,213,000 after acquiring an additional 53,831 shares during the period. Retirement Investment Advisors Inc. bought a new position in shares of Ford Motor during the second quarter valued at approximately $251,000. Finally, Ieq Capital LLC raised its position in shares of Ford Motor by 9.3% during the 2nd quarter. Ieq Capital LLC now owns 152,227 shares of the auto manufacturer’s stock worth $1,909,000 after purchasing an additional 12,897 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Shares of F opened at $10.85 on Friday. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The stock has a market capitalization of $43.32 billion, a P/E ratio of 11.19, a P/E/G ratio of 0.76 and a beta of 1.62. The firm’s 50 day moving average is $11.23 and its 200-day moving average is $12.04. 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 quarter last year, the company posted $0.72 EPS. Ford Motor’s revenue was up 6.3% on a year-over-year basis. Equities research analysts anticipate that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.53%. Ford Motor’s payout ratio is presently 61.86%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on F shares. Royal Bank of Canada lowered their price objective on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research note on Monday, August 12th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Wolfe Research assumed coverage on shares of Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Barclays decreased their target price on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. Finally, Wells Fargo & Company cut their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $12.95.

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.