Ford Motor Company (F) Holdings Lifted by Zurcher Kantonalbank Zurich Cantonalbank
Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Ford Motor Company (NYSE:F) by 3.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 801,402 shares of the auto manufacturer’s stock after acquiring an additional 28,053 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Ford Motor were worth $9,593,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in F. Balentine LLC raised its position in shares of Ford Motor by 2.6% during the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 231 shares during the period. Archford Capital Strategies LLC grew its stake in Ford Motor by 7.8% in the 1st quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after purchasing an additional 676 shares during the period. Captrust Financial Advisors bought a new position in Ford Motor in the 2nd quarter valued at $106,000. Reilly Financial Advisors LLC grew its stake in Ford Motor by 1.5% in the 2nd quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after purchasing an additional 150 shares during the period. Finally, FNY Managed Accounts LLC grew its stake in Ford Motor by 0.3% in the 1st quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock valued at $120,000 after purchasing an additional 34 shares during the period. Hedge funds and other institutional investors own 53.39% of the company’s stock.
A number of research analysts have recently commented on F shares. Vetr raised Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 price target on the stock in a research report on Friday, October 13th. Standpoint Research raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, October 4th. ValuEngine cut Ford Motor from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research cut Ford Motor from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. Finally, BidaskClub raised Ford Motor from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $12.63.
Shares of Ford Motor Company (F) opened at $12.10 on Friday. Ford Motor Company has a 52-week low of $10.47 and a 52-week high of $13.27. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.19. The stock has a market capitalization of $47,945.68, a P/E ratio of 7.18, a price-to-earnings-growth ratio of 0.62 and a beta of 1.24.
Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.10. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The company had revenue of $33.65 billion for the quarter, compared to analysts’ expectations of $32.80 billion. During the same quarter in the prior year, the firm earned $0.26 earnings per share. Ford Motor’s revenue was up .9% compared to the same quarter last year. equities research analysts predict that Ford Motor Company will post 1.81 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, October 23rd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a yield of 4.96%. Ford Motor’s dividend payout ratio is currently 54.55%.
In other Ford Motor news, insider Joseph R. Hinrichs sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $11.34, for a total value of $453,600.00. Following the transaction, the insider now directly owns 532,435 shares of the company’s stock, valued at approximately $6,037,812.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven R. Armstrong sold 22,076 shares of the firm’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $12.37, for a total transaction of $273,080.12. The disclosure for this sale can be found here. In the last quarter, insiders have sold 137,076 shares of company stock valued at $1,599,180. Company insiders own 1.08% of the company’s stock.
Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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