Czech National Bank lifted its stake in Ford Motor (NYSE:F - Free Report) by 5.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 894,069 shares of the auto manufacturer's stock after purchasing an additional 47,726 shares during the period. Czech National Bank's holdings in Ford Motor were worth $8,968,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock worth $3,980,630,000 after acquiring an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock valued at $1,278,153,000 after purchasing an additional 6,497,321 shares during the last quarter. Geode Capital Management LLC raised its holdings in Ford Motor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock worth $830,662,000 after purchasing an additional 2,089,127 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock worth $460,444,000 after buying an additional 4,925,993 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Ford Motor in the 4th quarter valued at $387,282,000. Hedge funds and other institutional investors own 58.74% of the company's stock.
Ford Motor Price Performance
F stock traded down $0.16 during midday trading on Thursday, hitting $10.09. 132,827,085 shares of the stock were exchanged, compared to its average volume of 78,809,587. The stock's 50-day moving average price is $10.00 and its 200-day moving average price is $10.01. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a market cap of $40.10 billion, a price-to-earnings ratio of 6.91, a PEG ratio of 0.61 and a beta of 1.53. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week 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 the consensus estimate of ($0.02) by $0.16. The business had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The business's revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 EPS. Research analysts predict that Ford Motor will post 1.47 earnings per share for the current year.
Ford Motor Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.95%. Ford Motor's dividend payout ratio (DPR) is 48.00%.
Analyst Ratings Changes
F has been the topic of several research analyst reports. Wall Street Zen lowered shares of Ford Motor from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th. Piper Sandler lifted 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. BNP Paribas raised Ford Motor to a "hold" rating in a research report on Monday, February 10th. UBS Group cut their price target on Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Finally, TD Cowen started coverage on Ford Motor in a research note on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective for the company. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $10.03.
Check Out Our Latest Research Report on Ford Motor
About Ford Motor
(
Free Report)
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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