Banco Bilbao Vizcaya Argentaria S.A. Trims Stake in Ford Motor Company $F

Banco Bilbao Vizcaya Argentaria S.A. lessened its position in Ford Motor Company (NYSE:F) by 11.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 541,980 shares of the auto manufacturer’s stock after selling 71,986 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Ford Motor were worth $6,483,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Norges Bank bought a new position in Ford Motor in the 2nd quarter valued at $405,328,000. DLD Asset Management LP bought a new stake in shares of Ford Motor during the third quarter worth $299,000,000. Marshall Wace LLP boosted its stake in shares of Ford Motor by 712.7% during the second quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after purchasing an additional 17,164,234 shares during the period. Vanguard Group Inc. boosted its stake in shares of Ford Motor by 1.2% during the third quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock valued at $5,592,708,000 after purchasing an additional 5,371,758 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Ford Motor by 3.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock worth $1,575,118,000 after purchasing an additional 5,118,228 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider William Clay Ford, Jr. bought 140,000 shares of the stock in a transaction on Thursday, February 19th. The stock was bought at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the purchase, the insider directly owned 3,912,600 shares in the company, valued at approximately $54,072,132. The trade was a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.48% of the stock is currently owned by company insiders.

Ford Motor Price Performance

F opened at $11.72 on Tuesday. The firm has a market capitalization of $46.74 billion, a PE ratio of -5.69, a price-to-earnings-growth ratio of 0.27 and a beta of 1.65. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. The business’s 50-day moving average is $13.53 and its two-hundred day moving average is $12.94. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $14.80.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, beating the consensus estimate of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The business had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. During the same period in the prior year, the firm posted $0.39 earnings per share. The company’s quarterly revenue was down 4.8% on a year-over-year basis. Research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 5.1%. Ford Motor’s dividend payout ratio is presently -29.13%.

Analysts Set New Price Targets

Several research analysts recently commented on F shares. Zacks Research raised shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Barclays boosted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. TD Cowen raised their target price on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. HSBC lifted their price target on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research note on Tuesday, January 13th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $13.29.

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.