Banco Santander S.A. Raises Stake in Ford Motor (NYSE:F)

Banco Santander S.A. lifted its position in shares of Ford Motor (NYSE:F) by 669.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 835,761 shares of the auto manufacturer’s stock after buying an additional 727,097 shares during the period. Banco Santander S.A.’s holdings in Ford Motor were worth $8,826,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of F. Assenagon Asset Management S.A. grew its holdings in Ford Motor by 14,373.9% in the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock valued at $93,830,000 after purchasing an additional 8,824,000 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Ford Motor by 27.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after buying an additional 7,793,944 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Ford Motor by 456.9% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock valued at $50,160,000 after acquiring an additional 3,281,800 shares during the last quarter. AQR Capital Management LLC grew its position in Ford Motor by 103.6% during the second quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock valued at $60,844,000 after acquiring an additional 2,497,695 shares during the period. Finally, International Assets Investment Management LLC increased its stake in Ford Motor by 1,215.6% during the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock worth $28,444,000 after acquiring an additional 2,488,850 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Up 0.7 %

NYSE:F opened at $10.81 on Friday. The firm has a market capitalization of $42.94 billion, a P/E ratio of 12.28, a P/E/G ratio of 2.01 and a beta of 1.62. The business has a 50 day simple moving average of $10.82 and a 200 day simple moving average of $11.47. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities research analysts predict that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.55%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Analysts Set New Price Targets

A number of analysts recently issued reports on F shares. Wolfe Research initiated coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Wells Fargo & Company decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Barclays reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Finally, Evercore ISI raised Ford Motor to a “hold” rating in a report on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Ford Motor has an average rating of “Hold” and an average target price of $12.02.

Ford Motor Company 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.