Tokio Marine Asset Management Co. Ltd. Increases Stake in Ford Motor (NYSE:F)

Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Ford Motor (NYSE:F) by 7.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 113,891 shares of the auto manufacturer’s stock after acquiring an additional 7,719 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Ford Motor were worth $1,203,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC increased its position in Ford Motor by 8.4% during the first quarter. Orion Portfolio Solutions LLC now owns 115,607 shares of the auto manufacturer’s stock worth $1,535,000 after buying an additional 8,966 shares during the period. First Foundation Advisors increased its holdings in shares of Ford Motor by 8.6% in the first quarter. First Foundation Advisors now owns 13,683 shares of the auto manufacturer’s stock valued at $182,000 after purchasing an additional 1,078 shares during the period. Nicolet Advisory Services LLC increased its holdings in shares of Ford Motor by 11.0% in the first quarter. Nicolet Advisory Services LLC now owns 17,532 shares of the auto manufacturer’s stock valued at $237,000 after purchasing an additional 1,738 shares during the period. TIAA Trust National Association increased its holdings in shares of Ford Motor by 14.7% in the first quarter. TIAA Trust National Association now owns 84,595 shares of the auto manufacturer’s stock valued at $1,123,000 after purchasing an additional 10,841 shares during the period. Finally, Allstate Corp increased its holdings in shares of Ford Motor by 22.8% in the first quarter. Allstate Corp now owns 12,461 shares of the auto manufacturer’s stock valued at $165,000 after purchasing an additional 2,311 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 0.5 %

F opened at $11.01 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm has a market cap of $43.76 billion, a P/E ratio of 12.51, a PEG ratio of 2.01 and a beta of 1.62. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The business’s fifty day simple moving average is $10.78 and its 200 day simple moving average is $11.52.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 earnings per share. As a group, equities research analysts anticipate that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.45%. Ford Motor’s dividend payout ratio is presently 68.18%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Barclays dropped their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Wolfe Research began coverage on Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. Wells Fargo & Company dropped their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Finally, StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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.