Ford Motor Company $F Shares Purchased by KLP Kapitalforvaltning AS

Key Points

• KLP Kapitalforvaltning AS has increased its holdings in Ford Motor Company by 3.9%, owning over 1.3 million shares worth approximately $14.75 million.
• Ford reported earnings of $0.37 per share for the last quarter, surpassing estimates and achieving a revenue of $50.18 billion, which is above analyst expectations of $42.91 billion.
• The company announced a quarterly dividend of $0.15, reflecting a 5.1% annualized yield, with a payout ratio of 76.92%.

KLP Kapitalforvaltning AS increased its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 3.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,359,913 shares of the auto manufacturer's stock after acquiring an additional 51,600 shares during the quarter. KLP Kapitalforvaltning AS's holdings in Ford Motor were worth $14,755,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in Ford Motor by 13.8% during the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock worth $4,590,333,000 after acquiring an additional 55,576,478 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock worth $1,404,741,000 after acquiring an additional 10,947,527 shares during the last quarter. Pacer Advisors Inc. raised its stake in Ford Motor by 6,915.1% during the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock worth $492,253,000 after purchasing an additional 48,378,444 shares during the period. Nuveen LLC purchased a new position in Ford Motor during the first quarter worth about $123,147,000. Finally, National Pension Service raised its stake in Ford Motor by 4.5% during the first quarter. National Pension Service now owns 7,544,280 shares of the auto manufacturer's stock worth $75,669,000 after purchasing an additional 324,136 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Down 1.4%

Shares of F stock opened at $11.75 on Thursday. 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 stock has a market capitalization of $46.76 billion, a P/E ratio of 15.06, a price-to-earnings-growth ratio of 3.43 and a beta of 1.53. The company has a 50 day moving average price of $11.65 and a 200 day moving average price of $10.86. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $12.80.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. The firm had revenue of $50.18 billion during 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%. The business's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.47 earnings per share. Equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were issued a $0.15 dividend. The ex-dividend date was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. Ford Motor's payout ratio is 76.92%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on F shares. Dbs Bank downgraded shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 4th. Wells Fargo & Company lifted their target price on shares of Ford Motor from $8.00 to $10.00 and gave the stock an "underweight" rating in a research note on Friday, October 3rd. Barclays lifted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 16th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Ford Motor in a research note on Saturday, September 27th. Finally, Jefferies Financial Group raised shares of Ford Motor from an "underperform" rating to a "hold" rating and lifted their target price for the stock from $9.00 to $12.00 in a research note on Monday. Two analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $11.04.

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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