Nisa Investment Advisors LLC Reduces Stake in Ford Motor Company (NYSE:F)

Nisa Investment Advisors LLC cut its position in Ford Motor Company (NYSE:F - Free Report) by 10.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 569,434 shares of the auto manufacturer's stock after selling 64,415 shares during the quarter. Nisa Investment Advisors LLC's holdings in Ford Motor were worth $5,711,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares during the period. Geode Capital Management LLC raised its stake in shares of Ford Motor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock valued at $830,662,000 after purchasing an additional 2,089,127 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after purchasing an additional 4,925,993 shares during the period. Norges Bank bought a new stake in shares of Ford Motor during the 4th quarter valued at $387,282,000. Finally, Northern Trust Corp raised its stake in shares of Ford Motor by 11.0% during the 4th quarter. Northern Trust Corp now owns 37,314,829 shares of the auto manufacturer's stock valued at $369,417,000 after purchasing an additional 3,699,857 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 1.2%

F traded down $0.14 during midday trading on Friday, reaching $11.77. 65,324,572 shares of the company's stock traded hands, compared to its average volume of 83,300,053. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $14.85. The stock has a market capitalization of $46.80 billion, a price-to-earnings ratio of 9.42, a P/E/G ratio of 1.01 and a beta of 1.49. The firm has a fifty day moving average of $10.69 and a two-hundred day moving average of $10.07. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97.

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 (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The firm had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. During the same quarter in the prior year, the company earned $0.49 EPS. The business's revenue was down 6.2% compared to the same quarter last year. On average, equities analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.10%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Insiders Place Their Bets

In related news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the insider owned 113,939 shares of the company's stock, valued at $1,253,329. This trade represents a 20.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.48% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Piper Sandler boosted their target price on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, May 22nd. Barclays boosted their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and reduced their target price for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. UBS Group reduced their target price 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. Finally, Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently 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.