ING Groep NV Decreases Holdings in Ford Motor (NYSE:F)

ING Groep NV trimmed its position in shares of Ford Motor (NYSE:F) by 90.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,350 shares of the auto manufacturer’s stock after selling 1,069,778 shares during the quarter. ING Groep NV’s holdings in Ford Motor were worth $1,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Apollon Wealth Management LLC increased its stake in shares of Ford Motor by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after buying an additional 969 shares during the period. Pure Financial Advisors LLC lifted its stake in Ford Motor by 6.6% in the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after acquiring an additional 990 shares during the period. PBMares Wealth Management LLC grew its holdings in Ford Motor by 9.0% during the 3rd quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after acquiring an additional 991 shares in the last quarter. Pointe Capital Management LLC increased its position in Ford Motor by 4.8% during the 3rd quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock valued at $230,000 after purchasing an additional 1,000 shares during the period. Finally, Albion Financial Group UT raised its holdings in shares of Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,000 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Trading Down 1.1 %

Shares of Ford Motor stock opened at $9.29 on Monday. The firm’s 50 day simple moving average is $9.81 and its two-hundred day simple moving average is $10.44. The firm has a market capitalization of $36.80 billion, a price-to-earnings ratio of 6.36, a PEG ratio of 0.61 and a beta of 1.63. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85. 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 released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.46%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on F. JPMorgan Chase & Co. dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. BNP Paribas raised Ford Motor to a “hold” rating in a research report on Monday, February 10th. Royal Bank of Canada reduced their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Bank of America dropped their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Finally, Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $11.89.

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.