Banque Cantonale Vaudoise Has $361,000 Stake in Ford Motor Company $F

Banque Cantonale Vaudoise decreased its position in shares of Ford Motor Company (NYSE:F) by 69.0% in the 1st quarter, Holdings Channel reports. The firm owned 31,299 shares of the auto manufacturer’s stock after selling 69,522 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Ford Motor were worth $361,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in F. Grove Bank & Trust lifted its position in shares of Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,000 shares during the period. MV Capital Management Inc. acquired a new stake in shares of Ford Motor in the 4th quarter worth about $25,000. Olistico Wealth LLC purchased a new position in shares of Ford Motor during the fourth quarter valued at approximately $26,000. McMillan Office Inc. bought a new position in Ford Motor during the 4th quarter valued at $26,000. Finally, Johnson Financial Group Inc. lifted its position in shares of Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE F opened at $14.11 on Monday. Ford Motor Company has a 1 year low of $10.68 and a 1 year high of $17.78. The stock has a market capitalization of $56.22 billion, a P/E ratio of -9.10, a P/E/G ratio of 0.31 and a beta of 1.79. The company’s 50-day moving average is $13.88 and its 200 day moving average is $13.36. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 earnings per share. On average, sell-side analysts expect that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio is presently -38.71%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. The Goldman Sachs Group boosted their price objective on Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a research note on Friday, May 15th. TD Cowen reduced their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a report on Friday, May 1st. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research note on Wednesday. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $14.70.

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.