Ameritas Investment Partners Inc. Trims Stake in Ford Motor Company $F

Ameritas Investment Partners Inc. lessened its stake in shares of Ford Motor Company (NYSE:F) by 89.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 225,883 shares of the auto manufacturer’s stock after selling 1,997,873 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Ford Motor were worth $2,449,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Ford Motor by 1.0% in the second quarter. Vanguard Group Inc. now owns 462,245,997 shares of the auto manufacturer’s stock valued at $5,015,369,000 after acquiring an additional 4,585,636 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Ford Motor by 3.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock valued at $1,575,118,000 after purchasing an additional 5,118,228 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Ford Motor by 17.9% in the 2nd quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock valued at $1,122,434,000 after purchasing an additional 15,748,694 shares in the last quarter. Legal & General Group Plc lifted its holdings in Ford Motor by 3.3% in the 2nd quarter. Legal & General Group Plc now owns 34,301,362 shares of the auto manufacturer’s stock valued at $372,170,000 after purchasing an additional 1,104,139 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Ford Motor by 32.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock worth $318,365,000 after purchasing an additional 7,238,424 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Ford Motor stock opened at $13.16 on Wednesday. The stock’s 50-day moving average is $12.47 and its 200-day moving average is $11.58. The company has a market cap of $52.43 billion, a price-to-earnings ratio of 11.34, a price-to-earnings-growth ratio of 4.03 and a beta of 1.60. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $13.97.

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

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 7th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.6%. The ex-dividend date is Friday, November 7th. Ford Motor’s payout ratio is currently 51.72%.

Analyst Ratings Changes

A number of research firms have recently weighed in on F. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Citigroup lifted their target price on shares of Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a research note on Monday, October 27th. Royal Bank Of Canada boosted their price target on Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a report on Friday, October 24th. Piper Sandler increased their price target on Ford Motor from $9.50 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Finally, JPMorgan Chase & Co. lifted their price objective on Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.88.

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.