Mitsubishi UFJ Asset Management Co. Ltd. Increases Stake in Ford Motor Company $F

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Ford Motor Company (NYSE:FFree Report) by 4.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,798,787 shares of the auto manufacturer’s stock after acquiring an additional 322,447 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Ford Motor were worth $93,273,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Corsicana & Co. bought a new stake in shares of Ford Motor in the 3rd quarter valued at about $25,000. Salomon & Ludwin LLC increased its holdings in Ford Motor by 86.6% during the third quarter. Salomon & Ludwin LLC now owns 2,333 shares of the auto manufacturer’s stock valued at $30,000 after buying an additional 1,083 shares during the period. Capital A Wealth Management LLC raised its stake in Ford Motor by 990.9% in the second quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 2,279 shares in the last quarter. Country Trust Bank purchased a new stake in Ford Motor during the second quarter worth $27,000. Finally, Atlantic Union Bankshares Corp bought a new stake in Ford Motor during the 2nd quarter valued at $30,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

F opened at $14.07 on Friday. The company has a market cap of $56.12 billion, a P/E ratio of -6.83, a price-to-earnings-growth ratio of 0.35 and a beta of 1.66. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. The firm’s 50-day moving average price is $13.75 and its 200-day moving average price is $12.86. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $14.80.

Ford Motor (NYSE:FGet Free Report) last released its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping 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 company had revenue of $45.89 billion for the quarter, compared to the consensus estimate of $41.78 billion. During the same quarter in the previous year, the firm earned $0.39 EPS. Ford Motor’s revenue was down 4.8% compared to the same quarter last year. As a group, equities analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, February 13th. Ford Motor’s dividend payout ratio is presently -29.13%.

Insider Transactions at Ford Motor

In other news, insider William Clay Ford, Jr. purchased 140,000 shares of the stock in a transaction on Thursday, February 19th. The stock was bought at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the transaction, the insider owned 3,912,600 shares in the company, valued at $54,072,132. The trade was a 3.71% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.48% of the stock is owned by company insiders.

Analysts Set New Price Targets

F has been the subject of several recent research reports. UBS Group boosted their price target on Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Evercore increased their price target on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a research report on Monday, December 22nd. Barclays raised their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. HSBC boosted their price objective on shares of Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a research note on Tuesday, January 13th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $13.02.

Check Out Our Latest Stock Analysis on F

Ford Motor News Summary

Here are the key news stories impacting Ford Motor this week:

Ford Motor Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:FFree Report).

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

Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.