TCW Group Inc. grew its stake in shares of Ford Motor (NYSE:F – Free Report) by 222.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 173,444 shares of the auto manufacturer’s stock after purchasing an additional 119,656 shares during the period. TCW Group Inc.’s holdings in Ford Motor were worth $1,717,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor during the fourth quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor during the fourth quarter valued at about $29,000. Kentucky Trust Co bought a new stake in shares of Ford Motor during the fourth quarter worth about $31,000. Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the third quarter worth about $33,000. Finally, Crewe Advisors LLC increased its position in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after acquiring an additional 2,068 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on F shares. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Evercore ISI decreased their target price on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Finally, Wells Fargo & Company decreased their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.89.
Ford Motor Stock Up 0.8 %
F opened at $9.36 on Tuesday. 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 stock has a market cap of $37.08 billion, a price-to-earnings ratio of 6.41, 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 company’s 50-day moving average price is $9.80 and its two-hundred day moving average price is $10.43.
Ford Motor (NYSE:F – Get Free Report) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities analysts expect that Ford Motor will post 1.47 earnings per share for the current year.
Ford Motor Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders 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 yield of 6.41%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.
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.
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