IFM Investors Pty Ltd Boosts Holdings in Ford Motor Company (NYSE:F)

IFM Investors Pty Ltd boosted its position in Ford Motor Company (NYSE:F - Free Report) by 10.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 785,409 shares of the auto manufacturer's stock after purchasing an additional 75,809 shares during the quarter. IFM Investors Pty Ltd's holdings in Ford Motor were worth $8,294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Proficio Capital Partners LLC increased its stake in Ford Motor by 990.0% in the 4th quarter. Proficio Capital Partners LLC now owns 119,967 shares of the auto manufacturer's stock worth $1,188,000 after purchasing an additional 108,961 shares during the period. Keybank National Association OH grew its stake in Ford Motor by 9.5% in the fourth quarter. Keybank National Association OH now owns 122,266 shares of the auto manufacturer's stock worth $1,210,000 after purchasing an additional 10,586 shares during the period. E Fund Management Co. Ltd. purchased a new stake in Ford Motor in the fourth quarter worth $101,000. Destination Wealth Management purchased a new stake in shares of Ford Motor in the 4th quarter worth about $151,000. Finally, Berkshire Asset Management LLC PA grew its holdings in Ford Motor by 21.0% in the fourth quarter. Berkshire Asset Management LLC PA now owns 26,332 shares of the auto manufacturer's stock worth $266,000 after purchasing an additional 4,573 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the sale, the insider directly owned 113,939 shares of the company's stock, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their position. The sale was disclosed in a document filed 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

NYSE F traded up $0.03 during trading hours on Friday, reaching $11.80. The company's stock had a trading volume of 60,311,463 shares, compared to its average volume of 82,945,062. The firm has a market capitalization of $46.90 billion, a price-to-earnings ratio of 9.44, a P/E/G ratio of 1.01 and a beta of 1.49. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.85. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97. The company's 50-day moving average is $10.53 and its two-hundred day moving average is $10.01.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping the consensus estimate 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 business's quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.49 EPS. On average, equities analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date was Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Piper Sandler increased their target price on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and lowered their price target for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. UBS Group decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Citigroup upped their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Finally, The Goldman Sachs Group upped their price objective on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, May 6th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $10.03.

About Ford Motor

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.