ASR Vermogensbeheer N.V. Makes New Investment in Ford Motor Company (NYSE:F)

ASR Vermogensbeheer N.V. bought a new stake in Ford Motor Company (NYSE:F - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 341,175 shares of the auto manufacturer's stock, valued at approximately $3,422,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Aviva PLC raised its position in Ford Motor by 26.5% in the fourth quarter. Aviva PLC now owns 191,584 shares of the auto manufacturer's stock worth $1,897,000 after acquiring an additional 40,174 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in shares of Ford Motor in the 4th quarter worth approximately $39,000. Federated Hermes Inc. raised its holdings in shares of Ford Motor by 1.9% in the 4th quarter. Federated Hermes Inc. now owns 134,951 shares of the auto manufacturer's stock worth $1,336,000 after purchasing an additional 2,535 shares during the period. Cerity Partners LLC lifted its stake in Ford Motor by 203.7% in the fourth quarter. Cerity Partners LLC now owns 984,045 shares of the auto manufacturer's stock valued at $9,827,000 after purchasing an additional 659,993 shares during the last quarter. Finally, Rathbones Group PLC grew its holdings in Ford Motor by 18.9% during the fourth quarter. Rathbones Group PLC now owns 37,427 shares of the auto manufacturer's stock valued at $371,000 after purchasing an additional 5,946 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

F has been the topic of several research reports. Citigroup boosted their target price on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Piper Sandler boosted their price objective on Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Royal Bank Of Canada increased their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research report on Tuesday. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Finally, Barclays upped their price target on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 16th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $10.53.

Ford Motor Price Performance

Shares of NYSE F opened at $11.28 on Friday. The stock's 50-day simple moving average is $10.98 and its two-hundred day simple moving average is $10.25. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $11.97. The firm has a market capitalization of $44.84 billion, a P/E ratio of 14.46, a P/E/G ratio of 3.24 and a beta of 1.48. 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 (NYSE:F - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. The company had revenue of $50.18 billion for 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%. Ford Motor's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 earnings per share. As a group, equities analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be given a $0.15 dividend. The ex-dividend date is Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.3%. Ford Motor's payout ratio is 76.92%.

Insider Transactions at Ford Motor

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the sale, the insider owned 113,939 shares in the company, valued at $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.48% of the company's stock.

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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