Vontobel Holding Ltd. raised its holdings in Ford Motor (NYSE:F – Get Rating) by 119.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 182,177 shares of the auto manufacturer’s stock after acquiring an additional 99,103 shares during the period. Vontobel Holding Ltd.’s holdings in Ford Motor were worth $3,146,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently modified their holdings of the business. Ten Capital Wealth Advisors LLC acquired a new position in Ford Motor in the 1st quarter worth $25,000. Thompson Siegel & Walmsley LLC acquired a new position in Ford Motor in the 1st quarter worth $25,000. Mark Sheptoff Financial Planning LLC lifted its position in Ford Motor by 199.2% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,505 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,002 shares in the last quarter. Core Alternative Capital lifted its position in Ford Motor by 390.2% during the 1st quarter. Core Alternative Capital now owns 1,696 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 1,350 shares in the last quarter. Finally, Rise Advisors LLC bought a new stake in Ford Motor during the 4th quarter worth about $39,000. Institutional investors and hedge funds own 49.89% of the company’s stock.
Analyst Ratings Changes
A number of brokerages recently commented on F. StockNews.com lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Friday, September 2nd. Morgan Stanley upped their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 2nd. Nomura upgraded shares of Ford Motor from a “reduce” rating to a “neutral” rating and set a $12.40 price target on the stock in a research note on Thursday, July 21st. Citigroup decreased their price target on shares of Ford Motor from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 2nd. Finally, TheStreet upgraded shares of Ford Motor from a “c” rating to a “b-” rating in a research note on Wednesday, July 27th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $17.74.
Ford Motor Stock Performance
Ford Motor (NYSE:F – Get Rating) last posted its quarterly earnings results on Wednesday, July 27th. The auto manufacturer reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.24. The business had revenue of $37.91 billion for the quarter, compared to analyst estimates of $35.17 billion. Ford Motor had a net margin of 7.86% and a return on equity of 16.91%. The firm’s revenue for the quarter was up 57.1% on a year-over-year basis. During the same quarter last year, the business posted $0.13 EPS. As a group, research analysts expect that Ford Motor will post 2.09 earnings per share for the current fiscal year.
Ford Motor Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Thursday, August 11th were paid a $0.15 dividend. This is an increase from Ford Motor’s previous quarterly dividend of $0.10. The ex-dividend date was Wednesday, August 10th. This represents a $0.60 annualized dividend and a yield of 3.88%. Ford Motor’s dividend payout ratio is presently 20.98%.
Ford Motor Company Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.
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