Alps Advisors Inc. Decreases Stock Holdings in Ford Motor Company $F

Alps Advisors Inc. trimmed its stake in shares of Ford Motor Company (NYSE:F) by 6.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,100,453 shares of the auto manufacturer’s stock after selling 152,535 shares during the period. Alps Advisors Inc. owned approximately 0.05% of Ford Motor worth $25,121,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swiss National Bank boosted its stake in Ford Motor by 7.4% in the 2nd quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer’s stock worth $128,279,000 after purchasing an additional 813,800 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Ford Motor by 7.3% during 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 during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted 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 worth $98,251,000 after buying an additional 279,470 shares in the last quarter. Aviva PLC boosted its position in shares of Ford Motor by 1,280.3% during the second quarter. Aviva PLC now owns 2,919,334 shares of the auto manufacturer’s stock worth $31,675,000 after acquiring an additional 2,707,834 shares during the last quarter. Finally, National Pension Service boosted its position in shares of Ford Motor by 6.7% during the third quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer’s stock worth $96,865,000 after acquiring an additional 510,426 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the subject of several research reports. Barclays increased their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Royal Bank Of Canada boosted their target price on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, October 24th. Morgan Stanley increased their price target on Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a research note on Monday, December 8th. TD Cowen lifted their price objective on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research note on Tuesday, January 13th. Finally, UBS Group upped their price objective on Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.02.

Ford Motor Stock Performance

NYSE:F opened at $13.81 on Friday. The firm has a market capitalization of $55.03 billion, a PE ratio of 11.91, a PEG ratio of 5.83 and a beta of 1.66. The stock’s fifty day moving average is $13.55 and its 200 day moving average is $12.58. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $14.50. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. Ford Motor’s dividend payout ratio is currently 51.72%.

Ford Motor Company 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.