Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Holdings in Ford Motor Company $F

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Ford Motor Company (NYSE:F) by 21.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 807,760 shares of the auto manufacturer’s stock after acquiring an additional 144,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Ford Motor were worth $10,598,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of F. Norges Bank bought a new position in shares of Ford Motor in the fourth quarter worth $674,437,000. SBI Okasan Asset Management Co.Ltd. purchased a new stake in Ford Motor in the 4th quarter worth about $1,769,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in Ford Motor by 2.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock worth $57,008,000 after acquiring an additional 103,423 shares in the last quarter. Caprock Group LLC acquired a new stake in Ford Motor in the 3rd quarter valued at approximately $893,000. Finally, Versor Investments LP acquired a new stake in Ford Motor in the 3rd quarter valued at approximately $2,187,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Bank of America raised their target price on Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Royal Bank Of Canada restated a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a research note on Friday, May 15th. Morgan Stanley reissued an “equal weight” rating and set a $14.00 price target on shares of Ford Motor in a research report on Wednesday, May 13th. Citigroup increased their price target on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, June 1st. Finally, Wall Street Zen lowered Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $14.20.

Ford Motor Stock Performance

NYSE:F opened at $14.91 on Friday. The business has a fifty day simple moving average of $13.12 and a two-hundred day simple moving average of $13.22. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. Ford Motor Company has a 1 year low of $10.15 and a 1 year high of $17.78. The company has a market capitalization of $59.39 billion, a P/E ratio of -9.62, a P/E/G ratio of 0.32 and a beta of 1.79.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 EPS. On average, analysts expect that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio is presently -38.71%.

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.