Alliancebernstein L.P. Buys 441,912 Shares of Ford Motor (NYSE:F)

Alliancebernstein L.P. lifted its stake in Ford Motor (NYSE:F) by 10.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,583,945 shares of the auto manufacturer’s stock after acquiring an additional 441,912 shares during the period. Alliancebernstein L.P. owned 0.12% of Ford Motor worth $45,381,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Public Sector Pension Investment Board boosted its stake in Ford Motor by 9.5% in the third quarter. Public Sector Pension Investment Board now owns 167,712 shares of the auto manufacturer’s stock valued at $1,771,000 after acquiring an additional 14,600 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Ford Motor by 4.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 270,298 shares of the auto manufacturer’s stock worth $2,864,000 after purchasing an additional 11,248 shares in the last quarter. Benjamin Edwards Inc. boosted its position in shares of Ford Motor by 2,092.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 98,959 shares of the auto manufacturer’s stock worth $1,045,000 after purchasing an additional 94,446 shares in the last quarter. HighTower Advisors LLC grew its stake in Ford Motor by 3.0% during the 3rd quarter. HighTower Advisors LLC now owns 828,416 shares of the auto manufacturer’s stock worth $8,736,000 after buying an additional 24,189 shares during the last quarter. Finally, Janus Henderson Group PLC increased its position in Ford Motor by 6.2% during the 3rd quarter. Janus Henderson Group PLC now owns 672,923 shares of the auto manufacturer’s stock valued at $7,103,000 after buying an additional 39,500 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

F has been the topic of a number of research analyst reports. TD Cowen started coverage on Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 price target on the stock. Royal Bank of Canada dropped their target price on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Evercore ISI dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday, February 10th. Finally, BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average price target of $11.37.

Ford Motor Price Performance

NYSE:F opened at $9.58 on Friday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The company has a 50 day moving average price of $9.72 and a 200-day moving average price of $10.25. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85. The firm has a market cap of $37.95 billion, a price-to-earnings ratio of 6.56, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

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

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders 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 dividend on an annualized basis and a yield of 6.27%. Ford Motor’s dividend payout ratio is currently 41.10%.

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.