Achmea Investment Management B.V. Has $4.69 Million Holdings in Ford Motor (F)
Achmea Investment Management B.V. lowered its stake in Ford Motor (NYSE:F) by 11.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 507,558 shares of the auto manufacturer’s stock after selling 65,060 shares during the period. Achmea Investment Management B.V.’s holdings in Ford Motor were worth $4,692,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of F. Greenhaven Associates Inc. raised its position in shares of Ford Motor by 124.0% during the 2nd quarter. Greenhaven Associates Inc. now owns 32,722,548 shares of the auto manufacturer’s stock worth $362,239,000 after acquiring an additional 18,114,045 shares in the last quarter. Morgan Stanley raised its position in shares of Ford Motor by 35.0% during the 2nd quarter. Morgan Stanley now owns 37,425,458 shares of the auto manufacturer’s stock worth $414,298,000 after acquiring an additional 9,710,528 shares in the last quarter. Putnam Investments LLC raised its position in shares of Ford Motor by 444.1% during the 2nd quarter. Putnam Investments LLC now owns 3,473,537 shares of the auto manufacturer’s stock worth $38,452,000 after acquiring an additional 2,835,131 shares in the last quarter. WBI Investments Inc. raised its position in shares of Ford Motor by 1,212.3% during the 2nd quarter. WBI Investments Inc. now owns 2,612,882 shares of the auto manufacturer’s stock worth $28,925,000 after acquiring an additional 2,413,773 shares in the last quarter. Finally, BlackRock Inc. raised its position in shares of Ford Motor by 0.8% during the 2nd quarter. BlackRock Inc. now owns 264,479,647 shares of the auto manufacturer’s stock worth $2,927,789,000 after acquiring an additional 2,067,427 shares in the last quarter. 54.14% of the stock is currently owned by institutional investors.
Several equities research analysts have recently weighed in on F shares. Zacks Investment Research lowered Ford Motor from a “hold” rating to a “sell” rating in a research report on Tuesday, July 17th. Piper Jaffray Companies reissued a “hold” rating on shares of Ford Motor in a research report on Tuesday, July 24th. Royal Bank of Canada reaffirmed a “hold” rating and set a $11.50 price target on shares of Ford Motor in a research report on Thursday, July 26th. UBS Group cut their price target on Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, July 26th. Finally, Buckingham Research cut their price target on Ford Motor from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Thursday, July 26th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $11.27.
Ford Motor stock opened at $9.38 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80. Ford Motor has a 1-year low of $8.17 and a 1-year high of $13.48. The company has a market capitalization of $38.14 billion, a P/E ratio of 5.27, a price-to-earnings-growth ratio of 1.35 and a beta of 0.68.
Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.01. Ford Motor had a return on equity of 15.48% and a net margin of 3.88%. The firm had revenue of $34.66 billion for the quarter, compared to the consensus estimate of $32.05 billion. During the same period in the previous year, the business earned $0.43 earnings per share. On average, equities analysts anticipate that Ford Motor will post 1.34 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 3rd. Investors of record on Tuesday, October 23rd will be paid a $0.15 dividend. The ex-dividend date is Monday, October 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.40%. Ford Motor’s dividend payout ratio (DPR) is presently 33.71%.
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About Ford Motor
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.
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