Generali Asset Management SPA SGR Sells 172,892 Shares of Ford Motor Company $F

Generali Asset Management SPA SGR lowered its holdings in Ford Motor Company (NYSE:F) by 75.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,273 shares of the auto manufacturer’s stock after selling 172,892 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Ford Motor were worth $673,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Advisors Capital Management LLC grew its position in shares of Ford Motor by 9.6% in the 1st quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock valued at $126,000 after purchasing an additional 1,100 shares during the period. Swiss National Bank raised its holdings in Ford Motor by 7.4% during the 2nd quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer’s stock worth $128,279,000 after buying an additional 813,800 shares during the period. Teza Capital Management LLC bought a new position in Ford Motor in the first quarter valued at approximately $465,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Ford Motor by 7.3% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,476,340 shares of the auto manufacturer’s stock valued at $81,118,000 after buying an additional 510,473 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Ford Motor by 3.2% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,055,356 shares of the auto manufacturer’s stock valued at $98,251,000 after buying an additional 279,470 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on F. JPMorgan Chase & Co. raised their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Royal Bank Of Canada increased their target price on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a report on Friday, October 24th. UBS Group lifted their price target on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Monday, October 6th. Barclays upped their price objective on Ford Motor from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Finally, Wall Street Zen upgraded Ford Motor from a “hold” rating to a “buy” rating in a report on Saturday, December 27th. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus price target of $12.18.

Ford Motor Trading Up 1.6%

Ford Motor stock opened at $13.33 on Monday. The company has a market cap of $53.09 billion, a price-to-earnings ratio of 11.49 and a beta of 1.62. The firm has a 50-day moving average of $13.20 and a 200-day moving average of $12.14. 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 one year low of $8.44 and a one year high of $13.99.

Ford Motor (NYSE:F) last released its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $43.08 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. Ford Motor’s revenue was up 9.4% on a year-over-year basis. On average, equities analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. Ford Motor’s dividend payout ratio is currently 51.72%.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.