Banco Santander S.A. Has $2.88 Million Stake in Ford Motor (NYSE:F)

Banco Santander S.A. cut its position in Ford Motor (NYSE:F) by 65.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 290,690 shares of the auto manufacturer’s stock after selling 545,071 shares during the quarter. Banco Santander S.A.’s holdings in Ford Motor were worth $2,878,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its stake in Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after buying an additional 6,497,321 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after acquiring an additional 1,336,676 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after purchasing an additional 636,330 shares in the last quarter. Jacobs Levy Equity Management Inc. grew 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 valued at $126,477,000 after purchasing an additional 6,348,185 shares during the last quarter. Finally, Swiss National Bank increased its position in Ford Motor by 0.7% during the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock worth $122,917,000 after purchasing an additional 84,600 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Royal Bank of Canada cut their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. TD Cowen began coverage on Ford Motor in a research report on Friday. They set a “hold” rating and a $10.00 price objective on the stock. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $11.77.

Ford Motor Price Performance

Shares of NYSE F opened at $9.91 on Friday. The company has a market capitalization of $39.26 billion, a PE ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a twelve month low of $9.06 and a twelve month high of $14.85. The firm has a fifty day simple moving average of $9.72 and a 200 day simple moving average of $10.38.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping 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, sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

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.