Cibc World Markets Corp Increases Position in Ford Motor (NYSE:F)

Cibc World Markets Corp raised its holdings in shares of Ford Motor (NYSE:F) by 16.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 615,934 shares of the auto manufacturer’s stock after purchasing an additional 85,004 shares during the period. Cibc World Markets Corp’s holdings in Ford Motor were worth $6,098,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its stake in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after buying an additional 1,336,676 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Ford Motor by 2.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after buying an additional 636,330 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its position in shares of Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after acquiring an additional 6,348,185 shares in the last quarter. Finally, Swiss National Bank raised its holdings in Ford Motor by 0.7% in the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock worth $122,917,000 after acquiring an additional 84,600 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

NYSE:F opened at $9.95 on Wednesday. The stock has a 50-day simple moving average of $9.71 and a two-hundred day simple moving average of $10.31. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 52-week low of $9.06 and a 52-week high of $14.85. The firm has a market capitalization of $39.42 billion, a PE ratio of 6.81, a P/E/G ratio of 0.61 and a beta of 1.59.

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 the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.03%. Ford Motor’s dividend payout ratio is currently 41.10%.

Analyst Ratings Changes

F has been the topic of several recent analyst reports. TD Cowen began coverage on Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 target price on the stock. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Jefferies Financial Group cut shares of 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 research note on Monday, December 16th. Wells Fargo & Company reduced 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. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $11.68.

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.