Albion Financial Group UT Has $36,000 Holdings in Ford Motor (NYSE:F)

Albion Financial Group UT raised its position in shares of Ford Motor (NYSE:F) by 38.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,600 shares of the auto manufacturer’s stock after buying an additional 1,000 shares during the period. Albion Financial Group UT’s holdings in Ford Motor were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Assenagon Asset Management S.A. increased its position in Ford Motor by 14,373.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock valued at $93,830,000 after acquiring an additional 8,824,000 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings 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 valued at $126,477,000 after purchasing an additional 6,348,185 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Ford Motor by 4.5% in 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 last quarter. Worldquant Millennium Advisors LLC acquired a new position in Ford Motor during the 3rd quarter worth $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in Ford Motor by 420.2% in 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 buying an additional 4,881,105 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of a number of recent research reports. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft reduced their target price 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. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Four analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $11.67.

Ford Motor Stock Down 3.8 %

NYSE:F opened at $10.04 on Thursday. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The stock has a 50-day moving average price of $10.35 and a two-hundred day moving average price of $10.88. The stock has a market cap of $39.88 billion, a price-to-earnings ratio of 11.40, a PEG ratio of 1.96 and a beta of 1.64. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 EPS. As a group, equities analysts expect that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.98%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio is 68.18%.

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.