Ford Motor (NYSE:F) Holdings Trimmed by Cedrus LLC

Cedrus LLC reduced its position in shares of Ford Motor (NYSE:F) by 37.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,324 shares of the auto manufacturer’s stock after selling 6,853 shares during the period. Cedrus LLC’s holdings in Ford Motor were worth $120,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of F. Dimensional Fund Advisors LP increased its holdings in shares of Ford Motor by 27.4% in the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after buying an additional 7,793,944 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Ford Motor by 456.9% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock worth $50,160,000 after purchasing an additional 3,281,800 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Ford Motor by 103.6% during the second quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock valued at $60,844,000 after purchasing an additional 2,497,695 shares during the last quarter. Natixis boosted its position in shares of Ford Motor by 1,930.4% in the 1st quarter. Natixis now owns 2,174,316 shares of the auto manufacturer’s stock valued at $28,875,000 after purchasing an additional 2,067,226 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its stake in Ford Motor by 11.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock worth $163,214,000 after purchasing an additional 1,214,640 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

F has been the subject of a number of analyst reports. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Barclays decreased their price objective on shares of Ford Motor from $16.00 to $14.00 and set an “overweight” rating for the company in a research note on Tuesday, October 15th. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $12.56.

Ford Motor Stock Performance

F stock opened at $11.10 on Monday. The company has a market capitalization of $44.31 billion, a price-to-earnings ratio of 11.44, a P/E/G ratio of 0.77 and a beta of 1.62. The firm has a 50 day moving average of $10.75 and a two-hundred day moving average of $11.76. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. During the same quarter in the prior year, the company posted $0.72 earnings per share. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. As a group, equities 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. Investors of record on Wednesday, August 7th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

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.