Olympiad Research LP Lowers Holdings in Ford Motor (NYSE:F)

Olympiad Research LP lowered its holdings in Ford Motor (NYSE:F) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,252 shares of the auto manufacturer’s stock after selling 3,628 shares during the quarter. Olympiad Research LP’s holdings in Ford Motor were worth $329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of F. Jacobs Levy Equity Management Inc. raised 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 purchasing an additional 6,348,185 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Ford Motor by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after acquiring an additional 5,270,562 shares during the period. Worldquant Millennium Advisors LLC bought a new stake in shares of Ford Motor in the third quarter worth $55,456,000. Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of Ford Motor by 420.2% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock worth $63,812,000 after acquiring an additional 4,881,105 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in shares of Ford Motor by 1,215.6% in the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock worth $28,444,000 after acquiring an additional 2,488,850 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE F opened at $9.29 on Friday. The firm has a market cap of $36.80 billion, a price-to-earnings ratio of 6.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The business has a 50-day moving average price of $9.81 and a 200-day moving average price of $10.44. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share 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, equities research analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Wells Fargo & Company cut their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Bank of America cut their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a report on Thursday, February 6th. BNP Paribas raised Ford Motor to a “hold” rating in a report on Monday, February 10th. Deutsche Bank Aktiengesellschaft cut their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, Royal Bank of Canada cut their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a 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 issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.89.

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.