Ford Motor Company $F Shares Acquired by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd increased its position in Ford Motor Company (NYSE:F) by 15.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 385,109 shares of the auto manufacturer’s stock after buying an additional 52,475 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Ford Motor were worth $4,606,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH purchased a new position in shares of Ford Motor in the 2nd quarter worth about $25,000. Corsicana & Co. purchased a new stake in shares of Ford Motor during the 3rd quarter worth about $25,000. Country Trust Bank purchased a new stake in shares of Ford Motor during the 2nd quarter worth about $27,000. Capital A Wealth Management LLC increased its position in Ford Motor by 990.9% during the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 2,279 shares in the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new position in Ford Motor in the second quarter valued at approximately $30,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on F. JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Citigroup raised their target price on shares of Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a research note on Monday, October 27th. Barclays upped their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Friday. HSBC increased their price target on Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a report on Tuesday, January 13th. Finally, Morgan Stanley boosted their price objective on Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus price target of $13.19.

Ford Motor Stock Performance

Shares of F stock opened at $13.57 on Monday. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. The company’s fifty day moving average price is $13.38 and its two-hundred day moving average price is $12.42. The firm has a market capitalization of $54.05 billion, a P/E ratio of 11.69, a P/E/G ratio of 5.68 and a beta of 1.62. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.50.

Ford Motor (NYSE:F) last announced its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, beating 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 company had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. During the same period last year, the firm earned $0.49 earnings per share. The company’s revenue was up 9.4% on a year-over-year basis. On average, research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

About Ford Motor

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.