Handelsbanken Fonder AB Has $5.16 Million Stock Holdings in Ford Motor (NYSE:F)

Handelsbanken Fonder AB raised its holdings in shares of Ford Motor (NYSE:F - Free Report) by 5.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 514,439 shares of the auto manufacturer's stock after buying an additional 26,946 shares during the period. Handelsbanken Fonder AB's holdings in Ford Motor were worth $5,160,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tallon Kerry Patrick purchased a new position in shares of Ford Motor in the fourth quarter valued at $116,000. Empowered Funds LLC raised its holdings in Ford Motor by 10.8% in the fourth quarter. Empowered Funds LLC now owns 104,375 shares of the auto manufacturer's stock valued at $1,033,000 after acquiring an additional 10,148 shares in the last quarter. Sovran Advisors LLC acquired a new stake in Ford Motor in the fourth quarter valued at $210,000. Van ECK Associates Corp raised its holdings in Ford Motor by 143.3% in the fourth quarter. Van ECK Associates Corp now owns 250,303 shares of the auto manufacturer's stock valued at $2,478,000 after acquiring an additional 147,409 shares in the last quarter. Finally, Asset Management One Co. Ltd. raised its holdings in Ford Motor by 3.9% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,484,075 shares of the auto manufacturer's stock valued at $14,885,000 after acquiring an additional 55,433 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of F traded down $0.10 during mid-day trading on Friday, hitting $10.44. The company's stock had a trading volume of 90,043,850 shares, compared to its average volume of 79,911,237. The firm has a 50-day moving average price of $10.12 and a 200 day moving average price of $9.98. The stock has a market capitalization of $41.50 billion, a price-to-earnings ratio of 7.15, a PEG ratio of 0.61 and a beta of 1.50. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The company had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. During the same period last year, the company posted $0.49 earnings per share. The business's revenue for the quarter was down 6.2% on a year-over-year basis. On average, research analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.75%. The ex-dividend date was Monday, May 12th. Ford Motor's dividend payout ratio is currently 48.00%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on F shares. The Goldman Sachs Group upped their price target on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Wall Street Zen raised shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Saturday. Piper Sandler increased their target price on shares of Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a report on Thursday, May 22nd. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Finally, UBS Group reduced their price objective on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $10.03.

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.