Fjarde AP Fonden Fourth Swedish National Pension Fund Trims Stake in Ford Motor Company (NYSE:F)

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its position in shares of Ford Motor Company (NYSE:F - Free Report) by 18.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 495,260 shares of the auto manufacturer's stock after selling 108,800 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Ford Motor were worth $4,967,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in F. Grove Bank & Trust grew its stake in shares of Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after buying an additional 1,882 shares during the last quarter. Elite Financial Inc. bought a new position in Ford Motor in the 1st quarter valued at approximately $27,000. Olde Wealth Management LLC bought a new position in Ford Motor in the 1st quarter valued at approximately $28,000. MorganRosel Wealth Management LLC bought a new position in Ford Motor in the 1st quarter valued at approximately $30,000. Finally, Spurstone Advisory Services LLC bought a new position in Ford Motor in the 4th quarter valued at approximately $31,000. Hedge funds and other institutional investors own 58.74% of the company's stock.

Insider Transactions at Ford Motor

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the 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 completion of the sale, the insider owned 113,939 shares in the company, valued at approximately $1,253,329. This represents a 20.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.48% of the company's stock.

Ford Motor Stock Performance

NYSE:F opened at $11.44 on Friday. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The firm has a market capitalization of $45.53 billion, a price-to-earnings ratio of 14.67, a price-to-earnings-growth ratio of 3.30 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. The business has a fifty day moving average price of $11.12 and a 200-day moving average price of $10.30.

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

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Monday, August 11th. Ford Motor's dividend payout ratio is presently 76.92%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on F. UBS Group upped their price objective on Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Barclays upped their price objective on Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 16th. Citigroup upped their price objective on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. JPMorgan Chase & Co. upped their price objective on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Finally, Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $10.53.

About Ford Motor

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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