Ford Motor Company $F Stock: Robeco Institutional Asset Management B.V. Increases Holdings

Robeco Institutional Asset Management B.V. boosted its position in shares of Ford Motor Company (NYSE:F) by 5.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,976,662 shares of the auto manufacturer’s stock after buying an additional 162,776 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Ford Motor were worth $35,899,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of F. BlackRock Inc. acquired a new position in shares of Ford Motor in the 2nd quarter valued at approximately $4,649,131,000. State Street Corp lifted its holdings in shares of Ford Motor by 0.8% during the 2nd quarter. State Street Corp now owns 194,039,770 shares of the auto manufacturer’s stock worth $2,697,153,000 after acquiring an additional 1,492,186 shares during the period. Bank of America Corp DE boosted its position in shares of Ford Motor by 318.0% during the 2nd quarter. Bank of America Corp DE now owns 72,424,686 shares of the auto manufacturer’s stock worth $1,006,703,000 after acquiring an additional 55,100,244 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Ford Motor during the 2nd quarter worth approximately $717,218,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Ford Motor by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 47,442,901 shares of the auto manufacturer’s stock worth $547,379,000 after acquiring an additional 1,585,557 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $11.95 on Friday. Ford Motor Company has a fifty-two week low of $11.11 and a fifty-two week high of $17.78. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. The firm has a market capitalization of $47.64 billion, a P/E ratio of -6.39, a P/E/G ratio of 0.24 and a beta of 1.93. The company’s 50 day moving average price is $13.18 and its two-hundred day moving average price is $13.59.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.09. The company had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.37 earnings per share. On average, equities analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.0%. Ford Motor’s dividend payout ratio (DPR) is -32.09%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. BNP Paribas Exane lifted their price objective on shares of Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Royal Bank Of Canada upped their target price on Ford Motor from $13.00 to $15.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 29th. Piper Sandler raised their target price on Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Wells Fargo & Company lifted their price target on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Thursday, June 25th. Finally, UBS Group decreased their price target on Ford Motor from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average price target of $15.36.

Ford Motor Profile

Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.

Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.

Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.