Ford Motor Company $F Shares Acquired by Advisors Asset Management Inc.

Key Points

• Advisors Asset Management Inc. increased its stake in Ford Motor Company by 54.4%, owning 640,699 shares valued at approximately $6.43 million after acquiring an additional 225,842 shares in the first quarter.
• Several institutional investors, including Vanguard Group and Pacer Advisors Inc., have significantly raised their stakes in Ford, contributing to institutional ownership of 58.74% in the company.
• Ford recently announced a quarterly dividend of $0.15 per share, representing an annualized dividend yield of 5.2%, amidst a reported revenue increase of 5% year-over-year.

Advisors Asset Management Inc. increased its stake in shares of Ford Motor Company (NYSE:F - Free Report) by 54.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 640,699 shares of the auto manufacturer's stock after acquiring an additional 225,842 shares during the quarter. Advisors Asset Management Inc.'s holdings in Ford Motor were worth $6,426,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of F. Vanguard Group Inc. raised its stake in Ford Motor by 13.8% during the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock worth $4,590,333,000 after acquiring an additional 55,576,478 shares in the last quarter. Pacer Advisors Inc. raised its stake in Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock worth $492,253,000 after acquiring an additional 48,378,444 shares in the last quarter. Nuveen LLC acquired a new stake in Ford Motor during the 1st quarter worth $123,147,000. Charles Schwab Investment Management Inc. raised its stake in Ford Motor by 8.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock worth $1,404,741,000 after acquiring an additional 10,947,527 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its stake in Ford Motor by 88.0% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after acquiring an additional 10,535,335 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE F traded up $0.06 during midday trading on Friday, hitting $11.74. The company had a trading volume of 47,531,810 shares, compared to its average volume of 48,778,584. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $11.99. The business has a 50-day simple moving average of $11.46 and a two-hundred day simple moving average of $10.52. The firm has a market capitalization of $46.70 billion, a price-to-earnings ratio of 15.05, a price-to-earnings-growth ratio of 3.38 and a beta of 1.52.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. The firm had revenue of $50.18 billion during the quarter, compared to analysts' expectations of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.47 earnings per share. Equities research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were given a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 5.1%. Ford Motor's payout ratio is presently 76.92%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on F shares. JPMorgan Chase & Co. raised their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. Piper Sandler raised their price objective on shares of Ford Motor from $9.00 to $9.50 and gave the stock a "neutral" rating in a research report on Thursday, July 31st. Barclays raised their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 16th. Dbs Bank downgraded shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a research report on Monday, August 4th. Finally, Wall Street Zen raised shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average price target of $10.53.

Insider Transactions at Ford Motor

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the transaction, the insider owned 113,939 shares in the company, valued at approximately $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.48% 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.