HighTower Advisors LLC Increases Position in Ford Motor Company $F

HighTower Advisors LLC increased its stake in shares of Ford Motor Company (NYSE:F) by 6.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,063,751 shares of the auto manufacturer’s stock after buying an additional 61,759 shares during the period. HighTower Advisors LLC’s holdings in Ford Motor were worth $13,956,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in F. Vanguard Group Inc. lifted its position in shares of Ford Motor by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock valued at $6,188,776,000 after acquiring an additional 4,087,699 shares during the period. Marshall Wace LLP grew its holdings in shares of Ford Motor by 81.1% in the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after acquiring an additional 15,866,285 shares during the period. Invesco Ltd. grew its holdings in shares of Ford Motor by 4.7% in the 3rd quarter. Invesco Ltd. now owns 35,390,868 shares of the auto manufacturer’s stock worth $423,275,000 after acquiring an additional 1,597,841 shares during the period. DLD Asset Management LP purchased a new position in Ford Motor in the 3rd quarter valued at approximately $299,000,000. Finally, Jacobs Levy Equity Management Inc. increased its stake in Ford Motor by 190.7% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,006,776 shares of the auto manufacturer’s stock valued at $131,641,000 after purchasing an additional 7,220,686 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

NYSE F opened at $14.93 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. Ford Motor Company has a fifty-two week low of $9.88 and a fifty-two week high of $14.95. The business has a fifty day moving average of $12.29 and a 200-day moving average of $13.03. The stock has a market cap of $59.47 billion, a price-to-earnings ratio of -9.63, a price-to-earnings-growth ratio of 0.33 and a beta of 1.65.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 earnings per share. As a group, analysts predict that Ford Motor Company will post 1.6 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.

Analyst Ratings Changes

A number of analysts have commented on the company. TD Cowen decreased their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Wall Street Zen cut Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Citigroup cut their price target on Ford Motor from $13.50 to $13.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. The Goldman Sachs Group decreased their price objective on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a research note on Friday, May 15th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average price target of $13.56.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.