PBU The Pension Fund of Early Childhood & Youth Educators lifted its stake in shares of Ford Motor Company (NYSE:F – Free Report) by 15.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,248,141 shares of the auto manufacturer’s stock after purchasing an additional 299,039 shares during the period. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Ford Motor were worth $27,113,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wealthfront Advisers LLC acquired a new position in shares of Ford Motor in the second quarter worth about $11,492,000. Public Employees Retirement System of Ohio increased its position in shares of Ford Motor by 22.4% in the first quarter. Public Employees Retirement System of Ohio now owns 2,001,319 shares of the auto manufacturer’s stock worth $23,095,000 after acquiring an additional 366,218 shares in the last quarter. KBC Group NV raised its holdings in shares of Ford Motor by 223.5% during the first quarter. KBC Group NV now owns 2,229,629 shares of the auto manufacturer’s stock valued at $25,729,000 after acquiring an additional 1,540,403 shares during the period. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Ford Motor during the second quarter valued at approximately $1,730,000. Finally, Blue Capital Inc. acquired a new stake in shares of Ford Motor during the second quarter valued at approximately $2,425,000. 58.74% of the stock is owned by institutional investors and hedge funds.
Ford Motor Stock Down 2.9%
Ford Motor stock opened at $11.89 on Friday. The firm has a market cap of $47.50 billion, a PE ratio of 7.21, a P/E/G ratio of 0.23 and a beta of 1.88. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.94 and a current ratio of 1.08. The firm’s 50 day moving average price is $12.61 and its two-hundred day moving average price is $13.31. Ford Motor Company has a twelve month low of $11.11 and a twelve month high of $17.78.
Ford Motor (NYSE:F – Get Free Report) last released its earnings results on Wednesday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.08. The company had revenue of $49.53 billion during the quarter, compared to the consensus estimate of $49.08 billion. Ford Motor had a negative net margin of 4.17% and a positive return on equity of 18.89%. The company’s revenue was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 EPS. On average, research analysts predict that Ford Motor Company will post 1.90 EPS for the current fiscal year.
Ford Motor Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 10th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. Ford Motor’s dividend payout ratio is -30.46%.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the stock. Royal Bank Of Canada reduced their price target on shares of Ford Motor from $15.00 to $14.00 and set a “sector perform” rating for the company in a research report on Thursday, October 29th. Morgan Stanley lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 29th. UBS Group cut their target price on shares of Ford Motor from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Dbs Bank upgraded Ford Motor from a “hold” rating to a “moderate buy” rating in a report on Tuesday, August 11th. Finally, TD Cowen raised their target price on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $15.02.
Get Our Latest Analysis on Ford Motor
About Ford Motor
Ford Motor Company designs, manufactures, markets and services vehicles under the Ford and Lincoln brands. Its lineup includes cars, trucks, sport utility vehicles and commercial vehicles, as well as battery-electric and hybrid models. The company also provides vehicle-related services and financing through Ford Credit. Ford serves customers in North America and markets around the world, including Europe, South America and the Asia-Pacific region. Its operations include vehicle development and manufacturing, sales and after-sales support, and services for commercial fleet customers.
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