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Mitsubishi UFJ Asset Management Co. Ltd. Buys 439,306 Shares of Ford Motor Company $F

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Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Ford Motor Company (NYSE:F - Free Report) by 5.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,238,093 shares of the auto manufacturer's stock after acquiring an additional 439,306 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.21% of Ford Motor worth $109,896,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in F. Mirae Asset Global Investments Co. Ltd. raised its holdings in Ford Motor by 2.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer's stock valued at $57,008,000 after acquiring an additional 103,423 shares during the period. Caprock Group LLC bought a new position in shares of Ford Motor in the third quarter worth about $893,000. Versor Investments LP bought a new position in shares of Ford Motor in the third quarter worth about $2,187,000. Quantbot Technologies LP grew its position in shares of Ford Motor by 91.6% during the third quarter. Quantbot Technologies LP now owns 179,619 shares of the auto manufacturer's stock worth $2,148,000 after purchasing an additional 85,848 shares in the last quarter. Finally, National Pension Service grew its position in shares of Ford Motor by 6.7% during the third quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer's stock worth $96,865,000 after purchasing an additional 510,426 shares in the last quarter. Institutional investors own 58.74% of the company's stock.

Ford Motor Stock Performance

NYSE F opened at $12.17 on Thursday. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. Ford Motor Company has a 1-year low of $9.88 and a 1-year high of $14.80. The business has a 50 day simple moving average of $12.28 and a two-hundred day simple moving average of $13.00. The stock has a market capitalization of $48.53 billion, a PE ratio of -7.85, a P/E/G ratio of 0.27 and a beta of 1.65.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business had revenue of $43.25 billion for the quarter, compared to analysts' expectations of $42.66 billion. During the same period in the prior year, the firm earned $0.14 EPS. The company's revenue for the quarter was up 6.4% on a year-over-year basis. On average, research analysts predict that Ford Motor Company will post 1.54 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.9%. Ford Motor's dividend payout ratio is presently -38.71%.

Insider Buying and Selling

In other Ford Motor news, insider William Clay Ford, Jr. acquired 140,000 shares of the stock in a transaction on Thursday, February 19th. The stock was acquired at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the transaction, the insider directly owned 3,912,600 shares of the company's stock, valued at $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.63% of the stock is owned by company insiders.

Key Stories Impacting Ford Motor

Here are the key news stories impacting Ford Motor this week:

Analyst Ratings Changes

A number of research firms recently commented on F. Citigroup lowered their price target on Ford Motor from $13.50 to $13.00 and set a "neutral" rating on the stock in a report on Monday. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $11.00 to $10.00 and set an "underweight" rating on the stock in a research report on Tuesday, March 31st. Royal Bank Of Canada boosted their target price on shares of Ford Motor from $11.00 to $13.00 and gave the stock a "sector perform" rating in a report on Thursday, April 30th. The Goldman Sachs Group cut their target price on shares of Ford Motor from $15.00 to $13.00 and set a "neutral" rating for the company in a research note on Tuesday, April 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $14.00 to $15.00 and gave the company an "overweight" rating in a report on Wednesday, January 21st. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $13.56.

Check Out Our Latest Stock Report on Ford Motor

About Ford Motor

(Free Report)

Ford Motor Company NYSE: F is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford's business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

Further Reading

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).

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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