Mitsubishi UFJ Asset Management Co. Ltd. Has $69.87 Million Stake in Ford Motor Company (NYSE:F)

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Ford Motor Company (NYSE:F - Free Report) by 14.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,965,867 shares of the auto manufacturer's stock after purchasing an additional 886,371 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.18% of Ford Motor worth $69,868,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in F. Federated Hermes Inc. grew its position in Ford Motor by 1.9% during the fourth quarter. Federated Hermes Inc. now owns 134,951 shares of the auto manufacturer's stock worth $1,336,000 after buying an additional 2,535 shares in the last quarter. Cerity Partners LLC grew its position in Ford Motor by 203.7% during the fourth quarter. Cerity Partners LLC now owns 984,045 shares of the auto manufacturer's stock worth $9,827,000 after buying an additional 659,993 shares in the last quarter. Bessemer Group Inc. grew its position in Ford Motor by 37.0% during the fourth quarter. Bessemer Group Inc. now owns 37,414 shares of the auto manufacturer's stock worth $370,000 after buying an additional 10,095 shares in the last quarter. F M Investments LLC grew its position in Ford Motor by 20.4% during the fourth quarter. F M Investments LLC now owns 125,568 shares of the auto manufacturer's stock worth $1,243,000 after buying an additional 21,288 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its position in Ford Motor by 1.9% during the fourth quarter. Treasurer of the State of North Carolina now owns 1,767,318 shares of the auto manufacturer's stock worth $17,496,000 after buying an additional 33,200 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Performance

NYSE F opened at $11.34 on Friday. The company has a market capitalization of $45.13 billion, a price-to-earnings ratio of 14.54, a PEG ratio of 3.26 and a beta of 1.48. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $11.97. The stock has a fifty day simple moving average of $11.00 and a 200 day simple moving average of $10.25. 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 quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. The business had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%. Ford Motor's quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.47 earnings per share. Sell-side analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is presently 76.92%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada increased their price target on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research report on Tuesday. Citigroup upped their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. JPMorgan Chase & Co. upped their target price on Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Finally, Barclays upped their target price on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 16th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of "Hold" and a consensus price target of $10.53.

Insiders Place Their Bets

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the 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 in the company, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.48% of the company's stock.

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.

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