Mercer Global Advisors Inc. ADV Buys 113,653 Shares of Ford Motor (NYSE:F)

Mercer Global Advisors Inc. ADV grew its stake in Ford Motor (NYSE:FGet Rating) by 38.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 412,906 shares of the auto manufacturer’s stock after acquiring an additional 113,653 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Ford Motor were worth $8,576,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in F. SG Americas Securities LLC raised its stake in shares of Ford Motor by 139.8% in the third quarter. SG Americas Securities LLC now owns 2,186,898 shares of the auto manufacturer’s stock worth $30,966,000 after acquiring an additional 7,682,784 shares during the last quarter. UBS Asset Management Americas Inc. raised its stake in shares of Ford Motor by 27.7% in the third quarter. UBS Asset Management Americas Inc. now owns 25,119,697 shares of the auto manufacturer’s stock worth $355,695,000 after acquiring an additional 5,447,109 shares during the last quarter. BlackRock Inc. raised its stake in shares of Ford Motor by 1.7% in the third quarter. BlackRock Inc. now owns 266,501,882 shares of the auto manufacturer’s stock worth $3,773,664,000 after acquiring an additional 4,484,696 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of Ford Motor by 66.7% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,000,000 shares of the auto manufacturer’s stock worth $70,800,000 after buying an additional 2,000,000 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky raised its stake in shares of Ford Motor by 194.0% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 2,900,839 shares of the auto manufacturer’s stock worth $41,077,000 after buying an additional 1,914,000 shares during the last quarter. 50.76% of the stock is owned by institutional investors.

In other Ford Motor news, insider William Clay Ford, Jr. bought 267,697 shares of Ford Motor stock in a transaction that occurred on Thursday, March 24th. The stock was acquired at an average price of $16.81 per share, for a total transaction of $4,499,986.57. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.71% of the company’s stock.

A number of research firms recently weighed in on F. The Goldman Sachs Group boosted their price target on shares of Ford Motor from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, January 10th. Evercore ISI boosted their price target on shares of Ford Motor from $16.00 to $18.00 in a research note on Tuesday, January 4th. Royal Bank of Canada downgraded shares of Ford Motor from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $21.00 to $26.00 in a research note on Friday, January 14th. StockNews.com began coverage on shares of Ford Motor in a research note on Thursday, March 31st. They set a “hold” rating for the company. Finally, Credit Suisse Group dropped their price target on shares of Ford Motor from $26.00 to $25.00 and set an “outperform” rating for the company in a research note on Friday, February 4th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus target price of $19.33.

Shares of Ford Motor stock traded up $0.50 on Tuesday, hitting $16.17. The company had a trading volume of 1,522,506 shares, compared to its average volume of 98,860,086. The firm has a market capitalization of $64.75 billion, a P/E ratio of 3.54, a P/E/G ratio of 1.00 and a beta of 1.11. Ford Motor has a twelve month low of $11.14 and a twelve month high of $25.87. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.20 and a quick ratio of 1.07. The stock has a 50-day moving average of $16.72 and a 200-day moving average of $18.52.

Ford Motor (NYSE:FGet Rating) last released its quarterly earnings results on Thursday, February 3rd. The auto manufacturer reported $0.26 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.17). The company had revenue of $35.30 billion during the quarter, compared to analyst estimates of $35.02 billion. Ford Motor had a net margin of 13.13% and a return on equity of 18.55%. During the same quarter last year, the company earned $0.34 EPS. Equities analysts predict that Ford Motor will post 1.87 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 1st. Investors of record on Tuesday, April 26th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.47%. The ex-dividend date is Monday, April 25th. Ford Motor’s payout ratio is 9.03%.

Ford Motor Profile (Get Rating)

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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