FSA Advisors Inc. boosted its stake in shares of Ford Motor Company (NYSE:F - Free Report) by 117.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,793 shares of the auto manufacturer's stock after acquiring an additional 25,259 shares during the quarter. FSA Advisors Inc.'s holdings in Ford Motor were worth $469,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of F. Geode Capital Management LLC grew its holdings in Ford Motor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock valued at $830,662,000 after purchasing an additional 2,089,127 shares during the period. Pacer Advisors Inc. boosted 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 buying an additional 48,378,444 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Ford Motor by 11.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock worth $460,444,000 after buying an additional 4,925,993 shares during the last quarter. Northern Trust Corp boosted its stake in Ford Motor by 11.0% during the fourth quarter. Northern Trust Corp now owns 37,314,829 shares of the auto manufacturer's stock worth $369,417,000 after buying an additional 3,699,857 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Ford Motor by 21.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 29,642,389 shares of the auto manufacturer's stock worth $293,460,000 after buying an additional 5,295,086 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
F has been the topic of a number of recent research reports. Piper Sandler boosted their price objective on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Wall Street Zen upgraded Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. The Goldman Sachs Group upped their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Finally, UBS Group upped their price objective on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $10.37.
Check Out Our Latest Analysis on F
Ford Motor Stock Performance
Shares of F stock opened at $11.27 on Tuesday. The company has a market cap of $44.80 billion, a price-to-earnings ratio of 9.01, a price-to-earnings-growth ratio of 3.37 and a beta of 1.49. The stock has a 50 day simple moving average of $10.88 and a 200-day simple moving average of $10.19. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $11.97. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26.
Ford Motor (NYSE:F - Get Free Report) last issued its 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 business had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The company's revenue for the quarter was down 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 EPS. On average, equities analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.
Insiders Place Their Bets
In related news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction that occurred 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 transaction, the insider directly owned 113,939 shares of the company's stock, valued at $1,253,329. This trade represents a 20.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.48% of the stock is owned by insiders.
Ford Motor Company Profile
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Free Report)
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.
See Also
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).
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