Ford Motor (NYSE:F) Shares Sold by Kentucky Retirement Systems

Kentucky Retirement Systems cut its stake in shares of Ford Motor (NYSE:F) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 268,306 shares of the auto manufacturer’s stock after selling 3,696 shares during the period. Kentucky Retirement Systems’ holdings in Ford Motor were worth $2,656,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. grew its stake 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 purchasing an additional 5,270,562 shares during the period. Geode Capital Management LLC grew its stake in Ford Motor by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $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 grew its stake in 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 acquiring an additional 636,330 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in Ford Motor by 112.8% in 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 acquiring an additional 6,348,185 shares during the last quarter. Finally, Swiss National Bank grew its stake in Ford Motor by 0.7% in the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock valued at $122,917,000 after acquiring an additional 84,600 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Evercore ISI decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Wells Fargo & Company decreased their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Thursday, February 6th. Finally, Deutsche Bank Aktiengesellschaft decreased 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 note on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus price target of $11.89.

Ford Motor Price Performance

F opened at $9.29 on Friday. The company’s 50 day simple moving average is $9.81 and its 200 day simple moving average is $10.44. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 1 year low of $9.10 and a 1 year high of $14.85. The stock has a market capitalization of $36.80 billion, a PE ratio of 6.36, a P/E/G ratio of 0.61 and a beta of 1.63.

Ford Motor (NYSE:F) last announced its quarterly 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, sell-side analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

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

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.