Generali Investments CEE investicni spolecnost a.s. Acquires 60,000 Shares of Ford Motor Company (NYSE:F)

Generali Investments CEE investicni spolecnost a.s. grew its stake in Ford Motor Company (NYSE:F - Free Report) by 25.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 300,000 shares of the auto manufacturer's stock after purchasing an additional 60,000 shares during the period. Generali Investments CEE investicni spolecnost a.s.'s holdings in Ford Motor were worth $3,009,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Ford Motor by 16.6% in the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Geode Capital Management LLC grew its holdings in Ford Motor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock worth $830,662,000 after acquiring an additional 2,089,127 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in 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 acquiring an additional 4,925,993 shares during the last quarter. Norges Bank bought a new stake in Ford Motor during the 4th quarter worth approximately $387,282,000. Finally, Northern Trust Corp grew its holdings in Ford Motor by 11.0% during the 4th quarter. Northern Trust Corp now owns 37,314,829 shares of the auto manufacturer's stock worth $369,417,000 after acquiring an additional 3,699,857 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. The Goldman Sachs Group raised their target price on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Piper Sandler raised 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. Citigroup raised their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. Finally, Barclays raised their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $10.03.

Ford Motor Trading Up 0.2%

Shares of NYSE F traded up $0.03 during midday trading on Friday, reaching $11.80. The stock had a trading volume of 60,311,463 shares, compared to its average volume of 82,945,062. The firm has a market cap of $46.90 billion, a price-to-earnings ratio of 9.44, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $14.85. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The company's 50 day moving average price is $10.53 and its 200 day moving average price is $10.01.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The company's revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.49 EPS. As a group, sell-side analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.09%. Ford Motor's dividend payout ratio is currently 48.00%.

Insider Buying and Selling at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of Ford Motor 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 owned 113,939 shares in the company, valued at $1,253,329. The trade was a 20.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.48% of the stock is owned by corporate insiders.

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.