SVB Wealth LLC Takes $359,000 Position in Ford Motor (NYSE:F)

SVB Wealth LLC bought a new position in Ford Motor (NYSE:F) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 36,275 shares of the auto manufacturer’s stock, valued at approximately $359,000.

Several other large investors also recently bought and sold shares of F. Farther Finance Advisors LLC increased its holdings in shares of Ford Motor by 4.9% in the third quarter. Farther Finance Advisors LLC now owns 43,153 shares of the auto manufacturer’s stock valued at $456,000 after purchasing an additional 2,004 shares during the period. Pure Financial Advisors LLC boosted its position in Ford Motor by 6.6% in the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock valued at $170,000 after buying an additional 990 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Ford Motor by 49.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 998,712 shares of the auto manufacturer’s stock worth $10,546,000 after buying an additional 329,631 shares during the period. Robeco Institutional Asset Management B.V. raised its position in Ford Motor by 4.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,805,352 shares of the auto manufacturer’s stock worth $40,185,000 after buying an additional 146,376 shares during the last quarter. Finally, Donaldson Capital Management LLC acquired a new stake in Ford Motor during the 3rd quarter valued at approximately $202,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Evercore ISI reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Finally, Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Three research 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. Based on data from MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Stock Down 2.7 %

F stock opened at $9.14 on Wednesday. The stock has a market capitalization of $36.21 billion, a P/E ratio of 6.26, a P/E/G ratio of 0.61 and a beta of 1.63. Ford Motor has a 52 week low of $9.06 and a 52 week high of $14.85. The firm has a 50-day simple moving average of $9.74 and a 200-day simple moving average of $10.40. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Equities analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.57%. Ford Motor’s payout ratio is currently 41.10%.

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.