Metis Global Partners LLC Purchases 6,555 Shares of Ford Motor (NYSE:F)

Metis Global Partners LLC increased its position in Ford Motor (NYSE:F) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 131,648 shares of the auto manufacturer’s stock after purchasing an additional 6,555 shares during the period. Metis Global Partners LLC’s holdings in Ford Motor were worth $1,303,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of F. Jacobs Levy Equity Management Inc. lifted its stake in 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 acquiring an additional 6,348,185 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in 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 valued at $1,294,752,000 after acquiring an additional 5,270,562 shares in the last quarter. Worldquant Millennium Advisors LLC bought a new position in Ford Motor during the 3rd quarter valued at $55,456,000. Caisse DE Depot ET Placement DU Quebec lifted its stake in Ford Motor by 420.2% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock valued at $63,812,000 after acquiring an additional 4,881,105 shares in the last quarter. Finally, National Pension Service lifted its stake in Ford Motor by 19.7% during the 3rd quarter. National Pension Service now owns 10,115,052 shares of the auto manufacturer’s stock valued at $106,815,000 after acquiring an additional 1,663,460 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 1.7 %

Shares of F opened at $9.39 on Tuesday. The business has a 50-day moving average of $9.76 and a 200 day moving average of $10.41. Ford Motor has a fifty-two week low of $9.10 and a fifty-two week high of $14.85. The firm has a market cap of $37.22 billion, a P/E ratio of 6.43, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. 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 (NYSE:F) last posted 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 return on equity of 16.88% and a net margin of 3.18%. As a group, research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced 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 yield of 6.39%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is presently 41.10%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Royal Bank of Canada lowered their target price on 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. Bank of America lowered their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Finally, JPMorgan Chase & Co. lowered their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Three investment 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. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price 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.