ING Groep NV Reduces Holdings in Ford Motor (NYSE:F)

ING Groep NV lowered its position in Ford Motor (NYSE:F) by 90.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 111,350 shares of the auto manufacturer’s stock after selling 1,069,778 shares during the period. ING Groep NV’s holdings in Ford Motor were worth $1,102,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in F. Hussman Strategic Advisors Inc. acquired a new position in shares of Ford Motor during the 4th quarter worth approximately $624,000. Corps Capital Advisors LLC acquired a new position in Ford Motor during the fourth quarter worth $141,000. Emerald Advisors LLC boosted its stake in Ford Motor by 12.6% during the fourth quarter. Emerald Advisors LLC now owns 29,514 shares of the auto manufacturer’s stock worth $292,000 after buying an additional 3,300 shares during the last quarter. Alberta Investment Management Corp grew its holdings in Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock valued at $1,941,000 after buying an additional 91,300 shares in the last quarter. Finally, Werba Rubin Papier Wealth Management acquired a new stake in shares of Ford Motor in the 4th quarter worth $192,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 1.1 %

Shares of NYSE F opened at $9.29 on Monday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $36.80 billion, a PE ratio of 6.36, a PEG ratio of 0.61 and a beta of 1.63. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85. The stock has a fifty day simple moving average of $9.81 and a 200-day simple moving average of $10.44.

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

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on F shares. Bank of America lowered their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price target for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Deutsche Bank Aktiengesellschaft reduced 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 report on Wednesday, October 30th. Finally, Royal Bank of Canada lowered their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $11.89.

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.