Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Has $7.21 Million Position in Ford Motor (F)
Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of Ford Motor (NYSE:F) by 1.0% in the fourth quarter, Holdings Channel reports. The fund owned 565,119 shares of the auto manufacturer’s stock after purchasing an additional 5,379 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Ford Motor were worth $7,211,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of F. Ally Financial Inc. increased its stake in Ford Motor by 25.5% during the 2nd quarter. Ally Financial Inc. now owns 320,000 shares of the auto manufacturer’s stock valued at $3,581,000 after purchasing an additional 65,000 shares in the last quarter. Waters Parkerson & CO. LLC increased its stake in Ford Motor by 82.3% during the 2nd quarter. Waters Parkerson & CO. LLC now owns 22,150 shares of the auto manufacturer’s stock valued at $248,000 after purchasing an additional 10,000 shares in the last quarter. Zacks Investment Management acquired a new position in Ford Motor during the 2nd quarter valued at approximately $188,000. Aull & Monroe Investment Management Corp increased its stake in Ford Motor by 1.6% during the 2nd quarter. Aull & Monroe Investment Management Corp now owns 92,700 shares of the auto manufacturer’s stock valued at $1,038,000 after purchasing an additional 1,500 shares in the last quarter. Finally, QS Investors LLC increased its stake in Ford Motor by 28.1% during the 2nd quarter. QS Investors LLC now owns 819,883 shares of the auto manufacturer’s stock valued at $9,174,000 after purchasing an additional 179,737 shares in the last quarter. 54.10% of the stock is owned by institutional investors.
Shares of Ford Motor (NYSE:F) opened at $10.76 on Thursday. The company has a market cap of $42,740.00, a price-to-earnings ratio of 5.66, a P/E/G ratio of 0.65 and a beta of 1.14. The company has a current ratio of 1.23, a quick ratio of 1.12 and a debt-to-equity ratio of 2.94. Ford Motor has a 52-week low of $10.19 and a 52-week high of $13.48.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.58%. The ex-dividend date is Monday, January 29th. Ford Motor’s payout ratio is 31.58%.
A number of analysts have recently weighed in on F shares. Vetr lowered shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 price objective on the stock. in a research note on Monday, January 29th. Citigroup increased their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, October 30th. Morgan Stanley reiterated a “sell” rating and issued a $10.00 price objective (up previously from $9.00) on shares of Ford Motor in a research note on Tuesday, October 31st. Cascend Securities lowered shares of Ford Motor to a “buy” rating in a research note on Tuesday, December 5th. Finally, Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $12.12 to $14.00 in a research note on Friday, October 13th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $12.54.
In other Ford Motor news, insider Steven R. Armstrong sold 10,752 shares of the stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total transaction of $132,464.64. Following the transaction, the insider now directly owns 101,159 shares of the company’s stock, valued at $1,246,278.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Hau N. Thai-Tang sold 19,000 shares of the stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,752 shares of company stock worth $603,965. Insiders own 1.08% of the company’s stock.
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Ford Motor 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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