City State Bank Has $318,000 Position in Ford Motor (NYSE:F)

City State Bank raised its stake in Ford Motor (NYSE:F) by 6.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,107 shares of the auto manufacturer’s stock after acquiring an additional 1,870 shares during the period. City State Bank’s holdings in Ford Motor were worth $318,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of F. Assenagon Asset Management S.A. lifted its holdings in shares of Ford Motor by 14,373.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after acquiring an additional 8,824,000 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after purchasing an additional 7,793,944 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in shares of Ford Motor by 112.8% during 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 buying an additional 6,348,185 shares in the last quarter. Charles Schwab Investment Management Inc. lifted 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 buying an additional 5,270,562 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC acquired a new stake in Ford Motor in the third quarter valued at about $55,456,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 0.3 %

Shares of NYSE F traded down $0.03 during midday trading on Monday, reaching $9.62. The stock had a trading volume of 17,770,537 shares, compared to its average volume of 59,820,266. The company’s 50 day moving average price is $10.47 and its 200 day moving average price is $11.01. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The firm has a market cap of $38.23 billion, a price-to-earnings ratio of 10.93, a price-to-earnings-growth ratio of 1.89 and a beta of 1.64.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the company posted $0.39 EPS. As a group, sell-side analysts expect that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.24%. Ford Motor’s dividend payout ratio is presently 68.18%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Barclays dropped their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $11.83.

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.