OMERS ADMINISTRATION Corp Purchases 29,220 Shares of Ford Motor Company $F

Key Points

• OMERS ADMINISTRATION Corp increased its position in Ford Motor Company by 11.2%, acquiring an additional 29,220 shares, bringing its total holdings to 290,119 shares worth approximately $2.91 million.
• Ford reported adjusted earnings of $0.37 per share for the last quarter, exceeding analyst expectations of $0.33, with a significant revenue increase to $50.18 billion compared to consensus of $42.91 billion.
• Ford's quarterly dividend will be paid on September 2nd, with a $0.15 dividend for investors of record, representing an annualized yield of 5.1%.

OMERS ADMINISTRATION Corp grew its stake in Ford Motor Company (NYSE:F - Free Report) by 11.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 290,119 shares of the auto manufacturer's stock after acquiring an additional 29,220 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Ford Motor were worth $2,910,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wealth Preservation Advisors LLC bought a new stake in shares of Ford Motor in the 1st quarter valued at about $43,000. Redwood Investment Management LLC increased its stake in shares of Ford Motor by 3.5% in the 1st quarter. Redwood Investment Management LLC now owns 178,295 shares of the auto manufacturer's stock valued at $1,788,000 after acquiring an additional 5,983 shares during the last quarter. FORA Capital LLC bought a new stake in shares of Ford Motor in the 1st quarter valued at about $7,398,000. Widmann Financial Services Inc. increased its stake in shares of Ford Motor by 1.9% in the 1st quarter. Widmann Financial Services Inc. now owns 119,862 shares of the auto manufacturer's stock valued at $1,202,000 after acquiring an additional 2,224 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of Ford Motor in the 1st quarter valued at about $165,000. 58.74% of the stock is owned by institutional investors.

Insider Buying and Selling at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.48% of the company's stock.

Ford Motor Stock Up 0.7%

Shares of F traded up $0.09 during mid-day trading on Monday, hitting $11.80. 44,049,553 shares of the company's stock were exchanged, compared to its average volume of 54,192,904. The company has a market cap of $46.94 billion, a PE ratio of 15.12, a P/E/G ratio of 3.38 and a beta of 1.52. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $11.99. The company has a 50-day simple moving average of $11.36 and a 200 day simple moving average of $10.44. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. The company had revenue of $50.18 billion during the quarter, compared to analysts' expectations of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business's quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the business earned $0.47 EPS. On average, research analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. Ford Motor's dividend payout ratio (DPR) is currently 76.92%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. The Goldman Sachs Group upped their price target on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Citigroup raised their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Barclays raised their target price on shares of Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Finally, Jefferies Financial Group raised their target price on shares of Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a report on Monday, August 11th. Two analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and an average target price of $10.53.

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.