Banco Bilbao Vizcaya Argentaria S.A. Has $6.63 Million Stock Holdings in Ford Motor Company $F

Banco Bilbao Vizcaya Argentaria S.A. lowered its stake in Ford Motor Company (NYSE:F) by 1.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 613,966 shares of the auto manufacturer’s stock after selling 8,126 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Ford Motor were worth $6,634,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arvest Bank Trust Division acquired a new position in shares of Ford Motor during the 2nd quarter worth approximately $850,000. Thompson Davis & CO. Inc. bought a new position in shares of Ford Motor in the second quarter valued at $148,000. Capital Investment Counsel Inc bought a new position in shares of Ford Motor in the second quarter valued at $115,000. ABN Amro Investment Solutions acquired a new position in Ford Motor during the second quarter worth $2,709,000. Finally, Police & Firemen s Retirement System of New Jersey raised its position in Ford Motor by 4.2% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 594,250 shares of the auto manufacturer’s stock worth $6,448,000 after acquiring an additional 23,698 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $13.20 on Friday. The company has a market capitalization of $52.58 billion, a price-to-earnings ratio of 11.38, a PEG ratio of 4.03 and a beta of 1.60. 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 12 month low of $8.44 and a 12 month high of $13.97. The stock’s 50 day moving average is $12.30 and its 200-day moving average is $11.44.

Ford Motor (NYSE:F) last released its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. During the same period in the previous year, the company posted $0.49 EPS. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. Equities research analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be paid a $0.15 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.5%. Ford Motor’s dividend payout ratio is 51.72%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Dbs Bank downgraded shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their target price for the company from $9.00 to $12.00 in a research note on Monday, October 6th. The Goldman Sachs Group lifted their price target on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, September 29th. JPMorgan Chase & Co. upped their price objective on Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Barclays lifted their target price 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. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.73.

Ford Motor 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.