PFG Investments LLC Acquires 153,955 Shares of Ford Motor Company (NYSE:F)

PFG Investments LLC grew its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 70.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 373,733 shares of the auto manufacturer's stock after buying an additional 153,955 shares during the quarter. PFG Investments LLC's holdings in Ford Motor were worth $3,749,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in F. Vanguard Group Inc. increased 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 worth $3,980,630,000 after purchasing an additional 57,182,803 shares during the last quarter. Norges Bank acquired a new position in shares of Ford Motor during the 4th quarter worth about $387,282,000. Jacobs Levy Equity Management Inc. increased its stake in shares of Ford Motor by 88.0% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after purchasing an additional 10,535,335 shares during the last quarter. Voloridge Investment Management LLC increased its stake in shares of Ford Motor by 2,905.1% during the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock worth $79,096,000 after purchasing an additional 7,723,601 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Ford Motor by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

NYSE F opened at $10.57 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 2.26. The company has a market capitalization of $42.04 billion, a P/E ratio of 8.46, a P/E/G ratio of 0.89 and a beta of 1.50. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $14.85. The firm has a 50-day moving average price of $10.25 and a two-hundred day moving average price of $9.96.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The business's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 EPS. Analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date was Monday, May 12th. Ford Motor's dividend payout ratio is currently 48.00%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Piper Sandler boosted their price objective on shares of Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. The Goldman Sachs Group boosted their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 6th. Citigroup boosted their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. 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. Finally, Barclays upped their price target on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Three 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. Based on data from MarketBeat.com, the company has an average 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.

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