Alps Advisors Inc. Boosts Stake in Ford Motor Company (NYSE:F)

Alps Advisors Inc. boosted its position in shares of Ford Motor Company (NYSE:F - Free Report) by 6.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,482,832 shares of the auto manufacturer's stock after acquiring an additional 151,205 shares during the quarter. Alps Advisors Inc. owned 0.06% of Ford Motor worth $24,903,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Ford Motor by 16.6% in the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Norges Bank acquired a new stake in Ford Motor in the 4th quarter valued at about $387,282,000. Jacobs Levy Equity Management Inc. raised its position in Ford Motor by 88.0% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock valued at $222,872,000 after purchasing an additional 10,535,335 shares in the last quarter. Voloridge Investment Management LLC raised its position in Ford Motor by 2,905.1% in the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock valued at $79,096,000 after purchasing an additional 7,723,601 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Ford Motor by 21.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 29,642,389 shares of the auto manufacturer's stock valued at $293,460,000 after purchasing an additional 5,295,086 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

NYSE:F traded down $0.14 during mid-day trading on Friday, reaching $11.77. 65,324,572 shares of the stock were exchanged, compared to its average volume of 83,300,053. The company has a 50 day simple moving average of $10.69 and a 200-day simple moving average of $10.07. The stock has a market capitalization of $46.80 billion, a P/E ratio of 9.42, a P/E/G ratio of 1.01 and a beta of 1.49. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 2.26. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The firm had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. During the same quarter last year, the business posted $0.49 EPS. The firm's quarterly revenue was down 6.2% compared to the same quarter last year. Analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date was Monday, May 12th. Ford Motor's payout ratio is currently 48.00%.

Insider Activity

In other news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction that occurred 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 transaction, the insider owned 113,939 shares of the company's stock, valued at approximately $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.48% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on F. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Barclays raised their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. The Goldman Sachs Group raised their target price on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Piper Sandler raised their target price on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, May 22nd. Finally, Sanford C. Bernstein lowered Ford Motor from a "market perform" rating to an "underperform" rating and cut their target price for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, Ford Motor has an average rating of "Hold" and an average target price of $10.03.

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.