Strengthening Families & Communities LLC Cuts Position in Ford Motor (NYSE:F)

Strengthening Families & Communities LLC lowered its holdings in shares of Ford Motor (NYSE:F) by 81.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,932 shares of the auto manufacturer’s stock after selling 12,476 shares during the quarter. Strengthening Families & Communities LLC’s holdings in Ford Motor were worth $29,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its position in shares of Ford Motor by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after purchasing an additional 5,270,562 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Ford Motor by 1.7% during 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 acquiring an additional 1,336,676 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Ford Motor by 2.7% in the third 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 valued at $257,108,000 after acquiring an additional 636,330 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in shares of Ford Motor by 112.8% in the third 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 last quarter. Finally, Swiss National Bank increased its position in shares of Ford Motor by 0.7% during the third quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock worth $122,917,000 after purchasing an additional 84,600 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $9.22 on Wednesday. Ford Motor has a 52-week low of $9.12 and a 52-week high of $14.85. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a market cap of $36.65 billion, a price-to-earnings ratio of 6.32, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The business has a fifty day moving average of $10.03 and a two-hundred day moving average of $10.51.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. As a group, research analysts anticipate that Ford Motor will post 1.7 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.51%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Analyst Ratings Changes

A number of brokerages have weighed in on F. Wells Fargo & Company decreased their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Evercore ISI dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. lowered their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $11.89.

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.