Sanctuary Advisors LLC Increases Position in Ford Motor (NYSE:F)

Sanctuary Advisors LLC boosted its holdings in shares of Ford Motor (NYSE:F) by 22.2% in the 4th quarter, Holdings Channel reports. The fund owned 507,339 shares of the auto manufacturer’s stock after acquiring an additional 92,202 shares during the quarter. Sanctuary Advisors LLC’s holdings in Ford Motor were worth $5,155,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Franklin Resources Inc. grew its stake in Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after acquiring an additional 336,720 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after buying an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new stake in shares of Ford Motor in the 3rd quarter valued at approximately $55,456,000. CHURCHILL MANAGEMENT Corp purchased a new stake in shares of Ford Motor in the 4th quarter valued at approximately $10,853,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Ford Motor by 12.3% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer’s stock valued at $4,511,000 after buying an additional 49,844 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the subject of several analyst reports. Wells Fargo & Company dropped their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. JPMorgan Chase & Co. dropped their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Bank of America dropped their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three 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 data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $11.89.

Ford Motor Price Performance

Ford Motor stock opened at $9.38 on Friday. The firm has a market cap of $37.16 billion, a PE ratio of 6.42, a price-to-earnings-growth ratio of 0.60 and a beta of 1.63. Ford Motor has a 52-week low of $9.10 and a 52-week high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company’s 50 day moving average is $9.83 and its two-hundred day moving average is $10.43.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. On average, research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued 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 6.40%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Ford Motor 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.