Ford Motor (NYSE:F) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its holdings in Ford Motor (NYSE:F) by 2.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 633,849 shares of the auto manufacturer’s stock after selling 15,035 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Ford Motor were worth $6,275,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 4.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after purchasing an additional 5,270,562 shares in the last quarter. Geode Capital Management LLC increased its holdings in Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after buying an additional 1,336,676 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Ford Motor by 1.0% during the 2nd quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after acquiring an additional 318,715 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Ford Motor by 2.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock worth $257,108,000 after acquiring an additional 636,330 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its holdings in shares of Ford Motor by 112.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after acquiring an additional 6,348,185 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on F. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a report on Thursday, November 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $13.00 to $11.00 in a report on Wednesday. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $11.82.

Ford Motor Stock Down 0.4 %

Shares of NYSE:F opened at $10.12 on Friday. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The stock’s 50-day moving average price is $10.31 and its two-hundred day moving average price is $10.86. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The firm has a market cap of $40.20 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 1.93 and a beta of 1.64.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 earnings per share. On average, research analysts forecast that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.93%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

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.