Swedbank AB Buys 68,314 Shares of Ford Motor Company $F

Swedbank AB grew its stake in shares of Ford Motor Company (NYSE:F) by 6.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,160,585 shares of the auto manufacturer’s stock after acquiring an additional 68,314 shares during the period. Swedbank AB’s holdings in Ford Motor were worth $15,227,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of F. DLD Asset Management LP bought a new stake in shares of Ford Motor during the third quarter valued at approximately $299,000,000. Marshall Wace LLP raised its stake in Ford Motor by 81.1% in the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after buying an additional 15,866,285 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in Ford Motor by 190.7% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,006,776 shares of the auto manufacturer’s stock worth $131,641,000 after buying an additional 7,220,686 shares in the last quarter. Vanguard Group Inc. raised its stake in Ford Motor by 1.2% in the third quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock worth $5,592,708,000 after buying an additional 5,371,758 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in Ford Motor by 235.5% in the third quarter. Franklin Resources Inc. now owns 4,654,684 shares of the auto manufacturer’s stock worth $55,670,000 after buying an additional 3,267,209 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on F. TD Cowen reduced their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research note on Friday, May 1st. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. Bank of America began coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price objective for the company. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a research note on Tuesday, March 31st. Finally, UBS Group reduced their price objective on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $13.56.

Ford Motor Stock Performance

Shares of F stock opened at $12.33 on Friday. The business’s fifty day simple moving average is $12.24 and its 200-day simple moving average is $13.00. The company has a market cap of $49.18 billion, a PE ratio of -7.95, a PEG ratio of 0.28 and a beta of 1.65. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. Ford Motor Company has a 12-month low of $9.88 and a 12-month high of $14.80.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.14 earnings per share. Analysts expect that Ford Motor Company will post 1.54 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.9%. Ford Motor’s dividend payout ratio is presently -38.71%.

Insider Activity

In other Ford Motor news, insider William Clay Ford, Jr. purchased 140,000 shares of Ford Motor stock in a transaction dated Thursday, February 19th. The shares were acquired at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the transaction, the insider owned 3,912,600 shares in the company, valued at approximately $54,072,132. This trade represents a 3.71% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.63% of the company’s stock.

Ford Motor Profile

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.