Assenagon Asset Management S.A. Has $49.29 Million Stock Holdings in Ford Motor (NYSE:F)

Assenagon Asset Management S.A. lowered its position in shares of Ford Motor (NYSE:FFree Report) by 44.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,978,701 shares of the auto manufacturer’s stock after selling 3,906,688 shares during the quarter. Assenagon Asset Management S.A. owned 0.13% of Ford Motor worth $49,289,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of F. Thoroughbred Financial Services LLC increased its position in shares of Ford Motor by 8.0% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 16,130 shares of the auto manufacturer’s stock valued at $202,000 after buying an additional 1,192 shares in the last quarter. Brown Brothers Harriman & Co. increased its holdings in shares of Ford Motor by 369.5% in the second quarter. Brown Brothers Harriman & Co. now owns 43,829 shares of the auto manufacturer’s stock worth $550,000 after acquiring an additional 34,493 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new stake in shares of Ford Motor during the second quarter worth about $156,000. Renaissance Technologies LLC lifted its holdings in shares of Ford Motor by 8.5% during the 2nd quarter. Renaissance Technologies LLC now owns 3,565,409 shares of the auto manufacturer’s stock valued at $44,710,000 after purchasing an additional 278,700 shares in the last quarter. Finally, Moors & Cabot Inc. grew its position in shares of Ford Motor by 18.4% in the 2nd quarter. Moors & Cabot Inc. now owns 93,864 shares of the auto manufacturer’s stock valued at $1,177,000 after purchasing an additional 14,561 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 1.8 %

Shares of Ford Motor stock opened at $9.96 on Thursday. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The business’s 50 day moving average is $10.44 and its 200-day moving average is $10.97. The stock has a market cap of $39.58 billion, a P/E ratio of 11.32, a P/E/G ratio of 1.89 and a beta of 1.64.

Ford Motor (NYSE:FGet Free Report) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.39 earnings per share. Equities research analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Wall Street Analysts Forecast Growth

F has been the topic of several research analyst reports. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Finally, Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and decreased their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $11.83.

View Our Latest Report on F

Ford Motor Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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