Ford Motor Company $F Shares Purchased by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. increased its stake in Ford by 9.9% during Q2, acquiring an additional 33,890 shares, bringing its total holdings to 375,065 shares worth approximately $4.07 million.
• Ford's shares rose 3.6%, with a current market cap of $50.39 billion, a P/E ratio of 16.23, and a historic trading range between $8.44 and $12.67 over the past year.
• The company reported earnings of $0.37 per share in its latest quarterly results, surpassing expectations, and announced a quarterly dividend of $0.15, yielding 4.7% annually.

ASR Vermogensbeheer N.V. increased its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 9.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 375,065 shares of the auto manufacturer's stock after acquiring an additional 33,890 shares during the quarter. ASR Vermogensbeheer N.V.'s holdings in Ford Motor were worth $4,069,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in F. Grove Bank & Trust boosted its stake in Ford Motor by 289.1% during the first 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. acquired a new position in shares of Ford Motor during the 1st quarter valued at about $27,000. Olde Wealth Management LLC acquired a new position in shares of Ford Motor during the 1st quarter valued at about $28,000. MorganRosel Wealth Management LLC acquired a new position in shares of Ford Motor during the 1st quarter valued at about $30,000. Finally, WPG Advisers LLC acquired a new position in shares of Ford Motor during the 1st quarter valued at about $33,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Up 3.6%

Shares of F opened at $12.66 on Friday. The stock has a market capitalization of $50.39 billion, a PE ratio of 16.23, a P/E/G ratio of 3.51 and a beta of 1.53. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $12.67. 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's 50-day simple moving average is $11.58 and its 200-day simple moving average is $10.82.

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

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is presently 76.92%.

Analysts Set New Price Targets

Several equities analysts have weighed in on F shares. Jefferies Financial Group boosted their target price on shares of Ford Motor from $8.00 to $9.00 and gave the company an "underperform" rating in a report on Monday, August 11th. UBS Group upped their price objective on Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Wall Street Zen upgraded Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Piper Sandler upped their price target on Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Finally, Royal Bank Of Canada upped their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a research report on Tuesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Ford Motor has an average rating of "Reduce" and a consensus price target of $10.71.

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.

Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:F - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.