Schroder Investment Management Group Decreases Stake in Ford Motor (NYSE:F)

Schroder Investment Management Group cut its position in Ford Motor (NYSE:F) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 563,332 shares of the auto manufacturer’s stock after selling 15,328 shares during the quarter. Schroder Investment Management Group’s holdings in Ford Motor were worth $5,566,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of F. American Money Management LLC purchased a new stake in Ford Motor in the 4th quarter worth approximately $133,000. Allianz SE bought a new stake in Ford Motor in the fourth quarter valued at about $963,000. OneAscent Wealth Management LLC boosted its holdings in shares of Ford Motor by 16.4% in the 4th quarter. OneAscent Wealth Management LLC now owns 30,266 shares of the auto manufacturer’s stock valued at $300,000 after buying an additional 4,267 shares during the period. Allstate Corp acquired a new stake in Ford Motor in the fourth quarter worth $1,150,000. Finally, Maridea Wealth Management LLC bought a new position in Ford Motor in the 4th quarter worth approximately $140,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.4 %

F stock opened at $9.58 on Friday. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85. The stock has a market cap of $37.95 billion, a P/E ratio of 6.56, a P/E/G ratio of 0.61 and a beta of 1.59. The stock’s fifty day simple moving average is $9.72 and its two-hundred day simple moving average is $10.25. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last posted its quarterly earnings data 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%. Analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.27%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. TD Cowen initiated coverage on shares of Ford Motor in a research report on Friday, March 7th. They issued a “hold” rating and a $10.00 price target on the stock. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the company from $12.00 to $9.00 in a report on Monday, December 16th. BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Royal Bank of Canada reduced their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $11.37.

About Ford Motor

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.