Evergreen Capital Management LLC Has $558,000 Position in Ford Motor (NYSE:F)

Evergreen Capital Management LLC raised its stake in Ford Motor (NYSE:F) by 357.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 56,325 shares of the auto manufacturer’s stock after purchasing an additional 44,010 shares during the quarter. Evergreen Capital Management LLC’s holdings in Ford Motor were worth $558,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after acquiring an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $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 2.5% in the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock valued at $830,662,000 after purchasing an additional 2,089,127 shares during the last quarter. Norges Bank bought a new stake in Ford Motor in the fourth quarter worth $387,282,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in Ford Motor by 1.3% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 8,799,541 shares of the auto manufacturer’s stock worth $87,115,000 after buying an additional 113,363 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the subject of several recent analyst reports. Sanford C. Bernstein downgraded Ford Motor from a “market perform” rating to an “underperform” rating and decreased their price target for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. StockNews.com downgraded Ford Motor from a “hold” rating to a “sell” rating in a report on Thursday, April 10th. Barclays reduced their price objective on shares of Ford Motor from $10.00 to $8.00 and set an “equal weight” rating for the company in a research note on Tuesday. Royal Bank of Canada decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Finally, UBS Group dropped their target price on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, April 10th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $10.30.

Ford Motor Trading Up 2.4 %

Ford Motor stock opened at $9.63 on Friday. The business has a 50 day moving average price of $9.60 and a two-hundred day moving average price of $10.13. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The stock has a market cap of $38.16 billion, a price-to-earnings ratio of 6.59, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, equities analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.23%. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Ford Motor Company 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.