Generali Investments CEE investicni spolecnost a.s. Raises Stock Holdings in Ford Motor Company $F

Key Points

• Generali Investments CEE raised its stake in Ford Motor Company by 40.0% in Q2, owning a total of 420,000 shares valued at approximately $4.56 million.
• Analysts have increased their price targets for Ford, with JPMorgan Chase raising it from $12.00 to $13.00 and maintaining an "overweight" rating.
• Ford Motor announced a quarterly dividend of $0.15 per share, yielding 5.0%, with a payout ratio of 76.92%.

Generali Investments CEE investicni spolecnost a.s. increased its stake in shares of Ford Motor Company (NYSE:F - Free Report) by 40.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 420,000 shares of the auto manufacturer's stock after purchasing an additional 120,000 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.'s holdings in Ford Motor were worth $4,557,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. The Goldman Sachs Group increased their price target on Ford Motor from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Monday. Piper Sandler increased 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. UBS Group increased their price target on Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. JPMorgan Chase & Co. increased their price target on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Finally, Dbs Bank cut Ford Motor from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and a consensus price target of $10.57.

Ford Motor Stock Down 1.1%

Ford Motor stock opened at $11.96 on Wednesday. The firm has a market cap of $47.60 billion, a price-to-earnings ratio of 15.33, a price-to-earnings-growth ratio of 3.48 and a beta of 1.52. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $12.31. The business's 50-day moving average price is $11.52 and its 200 day moving average price is $10.77. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

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

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is 76.92%.

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.

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