Ford Motor Company $F Stake Reduced by Bellecapital International Ltd.

Bellecapital International Ltd. cut its stake in Ford Motor Company (NYSE:F) by 76.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,755 shares of the auto manufacturer’s stock after selling 63,292 shares during the period. Bellecapital International Ltd.’s holdings in Ford Motor were worth $236,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in shares of Ford Motor during the second quarter worth about $405,328,000. Marshall Wace LLP lifted its position in Ford Motor by 712.7% in the 2nd quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after purchasing an additional 17,164,234 shares during the last quarter. Geode Capital Management LLC boosted its stake in Ford Motor by 17.9% during the 2nd quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock valued at $1,122,434,000 after purchasing an additional 15,748,694 shares during the period. Bank of New York Mellon Corp grew its position in Ford Motor by 32.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock worth $318,365,000 after purchasing an additional 7,238,424 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Ford Motor by 3.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock valued at $1,575,118,000 after purchasing an additional 5,118,228 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on F. JPMorgan Chase & Co. boosted their price objective on Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. UBS Group lifted their target price on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Monday, October 6th. Barclays increased their price target on Ford Motor from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Monday, October 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. Finally, Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and upped their price objective for the stock from $9.00 to $12.00 in a report on Monday, October 6th. Three analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and an average target price of $12.18.

Ford Motor Price Performance

NYSE F opened at $13.31 on Friday. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $13.99. The company has a market cap of $53.01 billion, a PE ratio of 11.47 and a beta of 1.60. The stock’s 50-day moving average price is $13.14 and its two-hundred day moving average price is $12.04.

Ford Motor (NYSE:F) last released its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.07. The business had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the firm posted $0.49 earnings per share. On average, analysts predict that Ford Motor Company 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, December 1st. Shareholders of record on Friday, November 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, November 7th. Ford Motor’s payout ratio is 51.72%.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.