Natixis Advisors LLC Cuts Stake in Ford Motor Company

Natixis Advisors LLC has reduced its investment in Ford Motor Company (NYSE:F – Free Report) by 32.3% during the fourth quarter, as revealed in the firm's latest filing with the SEC. Following the sale of 154,209 shares, Natixis now holds a total of 323,168 shares in the automotive giant, which were valued at approximately $3,199,000 in the recent filing.

Several other institutional investors have also adjusted their positions in Ford. For instance, Hager Investment Management Services LLC initiated a new stake in Ford shares worth about $26,000 during the same period. Likewise, Bank of Jackson Hole Trust acquired a new position valued at approximately $29,000, while Kentucky Trust Co purchased shares worth about $31,000. Crewe Advisors LLC increased its holdings in Ford by an impressive 169.9%, acquiring an additional 2,068 shares to reach a total of 3,285 shares valued at $33,000. Additionally, Modus Advisors LLC joined in by purchasing a new stake worth around $34,000. Currently, institutional investors hold 58.74% of Ford's shares.

Ford Motor Stock Performance

On Friday, Ford's stock opened at $10.05, reflecting its market capitalization of $39.81 billion. The stock currently has a P/E ratio of 6.88, a PEG ratio of 0.61, and a beta of 1.59. Over the past year, Ford has experienced a low of $9.06 and a high of $14.85. The company holds a quick ratio of 1.02, a current ratio of 1.16, and a debt-to-equity ratio of 2.31. Ford's fifty-day simple moving average stands at $9.73, while its two-hundred-day simple moving average is $10.30.

Ford Motor Company last reported its earnings results on February 5th, indicating earnings per share (EPS) of $0.39 for the quarter, exceeding Wall Street's expected EPS of $0.35 by $0.04. The company also recorded a return on equity of 16.88% and a net margin of 3.18%. Analysts predict that Ford will achieve an EPS of 1.47 for the current year.

Ford Motor Dividends

Recently, Ford announced a quarterly dividend, which was disbursed on March 3rd. Shareholders on record as of February 18th received a dividend of $0.15 per share. The ex-dividend date for this payment was February 18th. This equates to an annual dividend of $0.60, corresponding to a dividend yield of 5.97%. Ford's dividend payout ratio is currently 41.10%.

Analyst Perspectives on Ford Motor

Several research firms have recently evaluated Ford's stock. JPMorgan Chase & Co. adjusted their price target from $14.00 to $13.00, maintaining an “overweight” rating on the stock as of February 7th. On March 7th, TD Cowen began coverage with a “hold” rating and a $10.00 price target. Barclays lowered their assessment from “overweight” to “equal weight”, also reducing their target price from $13.00 to $11.00 in January. Wolfe Research reiterated an “underperform” rating in December, while Piper Sandler lowered their price target from $13.00 to $9.00 and maintained a “neutral” rating. Currently, three analysts recommend selling the stock, eleven suggest holding, and four have a buy rating. Overall, Ford Motor’s average rating stands at “Hold” with a target price of $11.50.

About Ford Motor Company

Ford Motor Company is engaged in the development, delivery, and servicing of a variety of Ford trucks, commercial vehicles, sport utility vehicles, and Lincoln luxury cars globally. The company operates through several segments, including Ford Blue, Ford Model e, Ford Pro, Ford Next, and Ford Credit. Ford sells vehicles, service parts, and accessories through a network of distributors, dealers, and commercial fleet customers.

Natixis, Ford, Investments