Vanguard Group Inc. Purchases 5,371,758 Shares of Ford Motor Company $F

Vanguard Group Inc. lifted its position in shares of Ford Motor Company (NYSE:F) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 467,617,755 shares of the auto manufacturer’s stock after acquiring an additional 5,371,758 shares during the period. Vanguard Group Inc. owned approximately 0.12% of Ford Motor worth $5,592,708,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Swiss National Bank lifted its stake in shares of Ford Motor by 7.4% in the second quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer’s stock worth $128,279,000 after acquiring an additional 813,800 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Ford Motor by 7.3% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,476,340 shares of the auto manufacturer’s stock valued at $81,118,000 after purchasing an additional 510,473 shares during the period. Aviva PLC raised its holdings in Ford Motor by 1,280.3% during the 2nd quarter. Aviva PLC now owns 2,919,334 shares of the auto manufacturer’s stock worth $31,675,000 after purchasing an additional 2,707,834 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Ford Motor by 3.2% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,055,356 shares of the auto manufacturer’s stock worth $98,251,000 after purchasing an additional 279,470 shares during the period. Finally, Versor Investments LP bought a new stake in shares of Ford Motor in the 3rd quarter valued at $2,187,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $14.12 on Wednesday. The stock has a market capitalization of $56.26 billion, a PE ratio of -6.85, a price-to-earnings-growth ratio of 0.34 and a beta of 1.66. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $14.50. The stock has a 50 day moving average price of $13.66 and a two-hundred day moving average price of $12.73. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, February 10th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. The firm had revenue of $45.89 billion during the quarter, compared to analysts’ expectations of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The business’s revenue was down 4.8% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. As a group, equities analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

Analyst Ratings Changes

Several research firms have recently weighed in on F. Zacks Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Citigroup increased their price target on Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a report on Monday, October 27th. Wells Fargo & Company lifted their price objective on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Friday, October 24th. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “sell” rating in a research note on Saturday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $13.02.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.