Ford Motor (NYSE:F) Stock Holdings Lessened by Meeder Asset Management Inc.

Meeder Asset Management Inc. reduced its holdings in Ford Motor (NYSE:F) by 69.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 3,680 shares of the auto manufacturer’s stock after selling 8,518 shares during the quarter. Meeder Asset Management Inc.’s holdings in Ford Motor were worth $46,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of F. Norges Bank bought a new stake in Ford Motor in the 4th quarter valued at about $475,899,000. Coatue Management LLC bought a new stake in Ford Motor in the 4th quarter valued at about $149,152,000. Newport Trust Company LLC lifted its position in Ford Motor by 4.5% in the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock valued at $1,891,610,000 after purchasing an additional 6,667,808 shares during the last quarter. Fisher Asset Management LLC lifted its position in Ford Motor by 6.3% in the 4th quarter. Fisher Asset Management LLC now owns 59,150,709 shares of the auto manufacturer’s stock valued at $721,047,000 after purchasing an additional 3,521,520 shares during the last quarter. Finally, Natixis lifted its position in Ford Motor by 1,930.4% in the 1st quarter. Natixis now owns 2,174,316 shares of the auto manufacturer’s stock valued at $28,875,000 after purchasing an additional 2,067,226 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

Shares of F opened at $10.69 on Monday. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a 50-day moving average of $11.47 and a two-hundred day moving average of $12.09. The stock has a market cap of $42.50 billion, a price-to-earnings ratio of 11.02, a PEG ratio of 0.76 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. During the same quarter in the previous year, the business earned $0.72 earnings per share. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. On average, equities research analysts expect that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.61%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Analysts Set New Price Targets

Several research firms have commented on F. Sanford C. Bernstein began coverage on shares of Ford Motor in a research note on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price on the stock. The Goldman Sachs Group lowered their target price on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, July 25th. Royal Bank of Canada lowered their target price on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Monday, August 12th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $11.00 target price on shares of Ford Motor in a research note on Tuesday, September 10th. Finally, Evercore ISI raised shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $12.95.

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.