Nomura Asset Management Co. Ltd. Acquires 44,918 Shares of Ford Motor Company $F

Nomura Asset Management Co. Ltd. boosted its position in shares of Ford Motor Company (NYSE:F) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,525,186 shares of the auto manufacturer’s stock after acquiring an additional 44,918 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Ford Motor were worth $20,010,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Robertson Stephens Wealth Management LLC increased its holdings in shares of Ford Motor by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock valued at $560,000 after purchasing an additional 761 shares during the last quarter. CRA Financial Services LLC raised its position in Ford Motor by 4.4% during the fourth quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock valued at $240,000 after purchasing an additional 775 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its position in Ford Motor by 16.5% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer’s stock valued at $65,000 after purchasing an additional 776 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its stake in shares of Ford Motor by 7.2% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock valued at $153,000 after purchasing an additional 784 shares in the last quarter. Finally, Activest Wealth Management boosted its stake in shares of Ford Motor by 35.3% in the 4th quarter. Activest Wealth Management now owns 3,041 shares of the auto manufacturer’s stock valued at $40,000 after purchasing an additional 794 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Down 4.4%

Shares of Ford Motor stock opened at $16.67 on Tuesday. Ford Motor Company has a 12-month low of $9.88 and a 12-month high of $17.78. The company has a market cap of $66.42 billion, a price-to-earnings ratio of -10.75, a PEG ratio of 0.38 and a beta of 1.79. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The company’s 50-day moving average price is $12.82 and its 200-day moving average price is $13.16.

Ford Motor (NYSE:F) last announced 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 firm had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company’s revenue for the quarter 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. On average, equities analysts expect that Ford Motor Company will post 1.61 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 3.6%. Ford Motor’s dividend payout ratio (DPR) is -38.71%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and set a $13.00 target price on shares of Ford Motor in a research report on Friday, May 15th. The Goldman Sachs Group lowered their price objective on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Citigroup lifted their price objective on shares of Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday. Wall Street Zen lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a research note on Wednesday, May 13th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $14.20.

Ford Motor Company 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.