Inscription Capital LLC Makes New Investment in Ford Motor Company (NYSE:F)

Inscription Capital LLC bought a new stake in Ford Motor Company (NYSE:F) in the first quarter, HoldingsChannel reports. The firm bought 25,059 shares of the auto manufacturer’s stock, valued at approximately $251,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock worth $3,980,630,000 after acquiring an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Ford Motor by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after purchasing an additional 6,497,321 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Ford Motor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock worth $830,662,000 after purchasing an additional 2,089,127 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Ford Motor by 11.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer’s stock worth $460,444,000 after buying an additional 4,925,993 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Ford Motor in the 4th quarter worth approximately $387,282,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of F opened at $10.43 on Thursday. The firm has a market cap of $41.46 billion, a PE ratio of 8.34, a P/E/G ratio of 0.89 and a beta of 1.50. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.85. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26. The firm has a fifty day simple moving average of $10.20 and a two-hundred day simple moving average of $9.97.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.16. The company had revenue of $40.66 billion during the quarter, compared to analysts’ expectations of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. Ford Motor’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.49 earnings per share. On average, equities analysts anticipate that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.76%. The ex-dividend date was Monday, May 12th. Ford Motor’s dividend payout ratio (DPR) is presently 48.00%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Citigroup lifted their price objective on Ford Motor from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Wednesday, May 7th. UBS Group lowered their price target on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. JPMorgan Chase & Co. lifted their price target on Ford Motor from $11.00 to $12.00 and gave the stock an “overweight” rating in a research report on Thursday, May 1st. Piper Sandler increased their price objective on shares of Ford Motor from $8.50 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, May 22nd. Finally, Sanford C. Bernstein lowered shares of Ford Motor from a “market perform” rating to an “underperform” rating and reduced their price objective for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $10.03.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.