Swiss National Bank Purchases 84,600 Shares of Ford Motor (NYSE:F)

Swiss National Bank boosted its position in shares of Ford Motor (NYSE:F) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,639,886 shares of the auto manufacturer’s stock after purchasing an additional 84,600 shares during the period. Swiss National Bank’s holdings in Ford Motor were worth $122,917,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in F. Olistico Wealth LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth about $25,000. Family Firm Inc. acquired a new position in shares of Ford Motor during the 2nd quarter worth about $26,000. Quarry LP acquired a new position in shares of Ford Motor during the 2nd quarter worth about $27,000. Ridgewood Investments LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth about $28,000. Finally, Kimelman & Baird LLC acquired a new stake in Ford Motor in the 2nd quarter valued at about $30,000. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the subject of several recent analyst reports. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Deutsche Bank Aktiengesellschaft cut their target price 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. Barclays cut their target price 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. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $12.02.

Ford Motor Stock Performance

Shares of NYSE:F opened at $11.23 on Tuesday. The company’s 50 day simple moving average is $10.80 and its 200 day simple moving average is $11.49. The stock has a market capitalization of $44.61 billion, a price-to-earnings ratio of 12.76, a price-to-earnings-growth ratio of 2.00 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same period last year, the firm posted $0.39 earnings per share. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, research analysts predict that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.35%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

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.