Ford Motor Company $F Stock Position Lifted by Northern Trust Corp

Key Points

• Northern Trust Corp increased its stake in Ford Motor Company by 0.2%, owning approximately 0.94% of the stock, valued at $374.96 million, after acquiring an additional 68,714 shares.
• Ford Motor recently announced a quarterly dividend of $0.15 per share, with a dividend yield of 5.2%, set to be paid on September 2nd to stockholders of record on August 11th.
• Wall Street analysts have mixed ratings for Ford's stock; while JPMorgan and UBS raised their target prices, firms like Dbs Bank downgraded it, reflecting the stock's varied expectations among analysts.

Northern Trust Corp boosted its stake in shares of Ford Motor Company (NYSE:F - Free Report) by 0.2% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,383,543 shares of the auto manufacturer's stock after purchasing an additional 68,714 shares during the period. Northern Trust Corp owned about 0.94% of Ford Motor worth $374,957,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Brooklyn Investment Group grew its position in Ford Motor by 12.9% during the first quarter. Brooklyn Investment Group now owns 16,367 shares of the auto manufacturer's stock valued at $164,000 after purchasing an additional 1,869 shares in the last quarter. Ethos Financial Group LLC grew its position in Ford Motor by 18.9% during the first quarter. Ethos Financial Group LLC now owns 13,282 shares of the auto manufacturer's stock valued at $132,000 after purchasing an additional 2,113 shares in the last quarter. AR Asset Management Inc. acquired a new stake in Ford Motor in the first quarter valued at approximately $1,047,000. Ethic Inc. lifted its stake in Ford Motor by 10.6% in the first quarter. Ethic Inc. now owns 49,350 shares of the auto manufacturer's stock valued at $491,000 after acquiring an additional 4,714 shares during the last quarter. Finally, Aberdeen Group plc lifted its stake in Ford Motor by 150.6% in the first quarter. Aberdeen Group plc now owns 7,264,106 shares of the auto manufacturer's stock valued at $72,169,000 after acquiring an additional 4,365,125 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on F. JPMorgan Chase & Co. lifted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. UBS Group lifted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Dbs Bank cut shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 4th. 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, The Goldman Sachs Group lifted their target price on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Ford Motor presently has an average rating of "Reduce" and an average price target of $10.53.

Insider Buying and Selling at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the sale, the insider directly owned 113,939 shares in the company, valued at approximately $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.48% of the company's stock.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $11.5750 on Wednesday. The firm has a fifty day simple moving average of $11.16 and a 200-day simple moving average of $10.32. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $11.97. The stock has a market capitalization of $46.07 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 3.31 and a beta of 1.48.

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

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders 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 dividend yield of 5.2%. The ex-dividend date is Monday, August 11th. Ford Motor's payout ratio is presently 76.92%.

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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