Swiss National Bank Has $122.92 Million Position in Ford Motor (NYSE:F)

Swiss National Bank grew its holdings in Ford Motor (NYSE:F) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,639,886 shares of the auto manufacturer’s stock after purchasing an additional 84,600 shares during the quarter. Swiss National Bank owned about 0.29% of Ford Motor worth $122,917,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in F. Insight Wealth Partners LLC grew its position in Ford Motor by 1.9% during the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock worth $554,000 after buying an additional 843 shares in the last quarter. Pallas Capital Advisors LLC grew its position in Ford Motor by 2.9% during the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock worth $374,000 after buying an additional 846 shares in the last quarter. Freestone Capital Holdings LLC lifted its stake in Ford Motor by 5.0% during the first quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer’s stock worth $244,000 after purchasing an additional 875 shares during the period. Hilltop National Bank lifted its stake in Ford Motor by 7.1% during the second quarter. Hilltop National Bank now owns 14,159 shares of the auto manufacturer’s stock worth $178,000 after purchasing an additional 944 shares during the period. Finally, Meridian Financial Partners LLC lifted its stake in Ford Motor by 1.1% during the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock worth $903,000 after purchasing an additional 953 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

F has been the subject of a number of analyst reports. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Barclays cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Wells Fargo & Company cut their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $12.02.

Ford Motor Stock Up 2.0 %

NYSE:F opened at $11.23 on Tuesday. The stock’s fifty day moving average price is $10.80 and its two-hundred day moving average price is $11.49. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company has a market cap of $44.61 billion, a price-to-earnings ratio of 12.76, a P/E/G ratio of 2.00 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the business earned $0.39 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, analysts anticipate that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.35%. The ex-dividend date is Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

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.