77,861 Shares in Ford Motor Company $F Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new stake in Ford Motor Company (NYSE:F) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 77,861 shares of the auto manufacturer’s stock, valued at approximately $845,000.

A number of other institutional investors also recently added to or reduced their stakes in F. Vanguard Group Inc. increased its holdings in shares of Ford Motor by 1.0% during the second quarter. Vanguard Group Inc. now owns 462,245,997 shares of the auto manufacturer’s stock valued at $5,015,369,000 after purchasing an additional 4,585,636 shares during the period. Charles Schwab Investment Management Inc. grew its position in Ford Motor by 8.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock valued at $1,404,741,000 after buying an additional 10,947,527 shares in the last quarter. Geode Capital Management LLC increased its stake in Ford Motor by 17.9% during the 2nd quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock valued at $1,122,434,000 after buying an additional 15,748,694 shares during the period. Pacer Advisors Inc. raised its position in shares of Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock worth $492,253,000 after buying an additional 48,378,444 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Ford Motor by 32.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock worth $318,365,000 after acquiring an additional 7,238,424 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 3.4%

Shares of NYSE F opened at $12.83 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.12 and a debt-to-equity ratio of 2.20. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $13.97. The company has a market cap of $51.12 billion, a price-to-earnings ratio of 11.06, a P/E/G ratio of 4.03 and a beta of 1.60. The business has a fifty day simple moving average of $12.42 and a 200-day simple moving average of $11.53.

Ford Motor (NYSE:F) last posted its quarterly earnings data 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 firm had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. During the same quarter in the previous year, the company earned $0.49 EPS. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. Sell-side analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Friday, November 7th. Ford Motor’s dividend payout ratio is 51.72%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. JPMorgan Chase & Co. lifted their price target on Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Citigroup upped their price objective on Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday, October 27th. Barclays raised their target price on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Monday, October 27th. Finally, Piper Sandler boosted their price target on shares of Ford Motor from $9.50 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus price target of $11.73.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company 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.