Vanguard Personalized Indexing Management LLC Grows Holdings in Ford Motor (NYSE:F)

Vanguard Personalized Indexing Management LLC lifted its position in shares of Ford Motor (NYSE:F) by 18.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 240,135 shares of the auto manufacturer’s stock after acquiring an additional 37,716 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Ford Motor were worth $2,995,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Price T Rowe Associates Inc. MD increased its holdings in Ford Motor by 1.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after acquiring an additional 59,082 shares in the last quarter. Wedmont Private Capital raised its position in shares of Ford Motor by 33.1% during the 1st quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock worth $232,000 after purchasing an additional 4,255 shares during the last quarter. Hodges Capital Management Inc. lifted its stake in Ford Motor by 18.3% in the 1st quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after buying an additional 14,750 shares in the last quarter. Focus Financial Network Inc. ADV acquired a new stake in Ford Motor in the 4th quarter worth about $2,812,000. Finally, Park Avenue Securities LLC raised its holdings in shares of Ford Motor by 9.6% during the first quarter. Park Avenue Securities LLC now owns 155,951 shares of the auto manufacturer’s stock valued at $2,071,000 after acquiring an additional 13,597 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on F. Morgan Stanley restated an “overweight” rating and issued a $16.00 price objective on shares of Ford Motor in a report on Thursday, September 12th. Barclays lowered their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. The Goldman Sachs Group cut their price target on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, July 25th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $11.00 price target on shares of Ford Motor in a research report on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $12.95.

Ford Motor Stock Performance

Shares of F stock opened at $10.92 on Friday. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The stock has a market capitalization of $43.60 billion, a PE ratio of 11.26, a P/E/G ratio of 0.76 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The firm has a 50 day moving average of $11.29 and a two-hundred day moving average of $12.05.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share. On average, research analysts predict that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.49%. Ford Motor’s dividend payout ratio is currently 61.86%.

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.