AIA Group Ltd Raises Stock Holdings in Ford Motor Company (NYSE:F)

AIA Group Ltd raised its position in Ford Motor Company (NYSE:F - Free Report) by 26.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 152,955 shares of the auto manufacturer's stock after buying an additional 32,147 shares during the quarter. AIA Group Ltd's holdings in Ford Motor were worth $1,534,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Federated Hermes Inc. increased its holdings in shares of Ford Motor by 1.9% in the fourth quarter. Federated Hermes Inc. now owns 134,951 shares of the auto manufacturer's stock valued at $1,336,000 after purchasing an additional 2,535 shares during the period. Bessemer Group Inc. increased its holdings in shares of Ford Motor by 37.0% in the fourth quarter. Bessemer Group Inc. now owns 37,414 shares of the auto manufacturer's stock valued at $370,000 after purchasing an additional 10,095 shares during the period. Sagespring Wealth Partners LLC acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $212,000. BTG Pactual Asset Management US LLC acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $109,000. Finally, Savvy Advisors Inc. increased its holdings in shares of Ford Motor by 36.4% in the fourth quarter. Savvy Advisors Inc. now owns 34,530 shares of the auto manufacturer's stock valued at $342,000 after purchasing an additional 9,212 shares during the period. Hedge funds and other institutional investors own 58.74% of the company's stock.

Insider Activity

In other news, insider Andrew Frick sold 30,000 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the sale, the insider directly owned 113,939 shares in the company, valued at $1,253,329. This represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.48% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Dbs Bank lowered Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. JPMorgan Chase & Co. upped their price objective on Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Citigroup upped their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Finally, Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $10.53.

Ford Motor Stock Down 1.5%

F opened at $11.16 on Tuesday. The business's fifty day moving average is $11.03 and its two-hundred day moving average is $10.26. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The company has a market cap of $44.40 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 3.27 and a beta of 1.48. Ford Motor Company has a one year low of $8.44 and a one year high of $11.97.

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

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Monday, August 11th. Ford Motor's dividend payout ratio is currently 76.92%.

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.

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