Twin Capital Management Inc. Boosts Holdings in Ford Motor (NYSE:F)

Twin Capital Management Inc. boosted its position in shares of Ford Motor (NYSE:F) by 41.1% in the fourth quarter, HoldingsChannel reports. The fund owned 146,410 shares of the auto manufacturer’s stock after purchasing an additional 42,651 shares during the quarter. Twin Capital Management Inc.’s holdings in Ford Motor were worth $1,785,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Snider Financial Group raised its holdings in shares of Ford Motor by 100,345.2% in the first quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock worth $3,717,000 after buying an additional 219,586,336 shares during the last quarter. Norges Bank purchased a new position in shares of Ford Motor in the fourth quarter worth $419,237,000. Moneta Group Investment Advisors LLC raised its holdings in shares of Ford Motor by 81,406.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 30,201,290 shares of the auto manufacturer’s stock worth $351,241,000 after buying an additional 30,164,236 shares during the last quarter. Holocene Advisors LP purchased a new position in shares of Ford Motor in the second quarter worth $53,665,000. Finally, Prudential Financial Inc. raised its holdings in shares of Ford Motor by 61.2% in the first quarter. Prudential Financial Inc. now owns 8,968,152 shares of the auto manufacturer’s stock worth $151,652,000 after buying an additional 3,404,530 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.2 %

F stock opened at $12.07 on Friday. The firm has a market cap of $47.94 billion, a PE ratio of 11.17, a P/E/G ratio of 0.95 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. The firm’s fifty day moving average is $12.60 and its 200 day moving average is $11.76. Ford Motor has a one year low of $9.63 and a one year high of $15.42.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The business had revenue of $43.21 billion during the quarter, compared to analysts’ expectations of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The company’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.51 earnings per share. On average, research analysts forecast that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a dividend yield of 4.7%. Ford Motor’s dividend payout ratio is currently 55.56%.

Wall Street Analysts Forecast Growth

F has been the topic of a number of research reports. Morgan Stanley increased their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Piper Sandler initiated coverage on shares of Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. Barclays increased their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. UBS Group lowered shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a research note on Wednesday, January 17th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.82.

Insider Transactions at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.80% of the company’s stock.

Ford Motor 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.