ProShare Advisors LLC Buys 70,206 Shares of Ford Motor (NYSE:F)

ProShare Advisors LLC boosted its position in Ford Motor (NYSE:F - Free Report) by 12.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 628,245 shares of the auto manufacturer's stock after buying an additional 70,206 shares during the period. ProShare Advisors LLC's holdings in Ford Motor were worth $6,220,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor during the fourth quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor in the fourth quarter valued at approximately $29,000. Flagship Wealth Advisors LLC bought a new stake in Ford Motor during the 4th quarter valued at $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor during the fourth quarter worth about $31,000. Finally, Crewe Advisors LLC lifted its holdings in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock valued at $33,000 after purchasing an additional 2,068 shares in the last quarter. Institutional investors own 58.74% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Bank of America reduced their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research report on Thursday, February 6th. Piper Sandler decreased their price target on Ford Motor from $9.00 to $8.50 and set a "neutral" rating for the company in a research report on Tuesday, May 6th. TD Cowen began coverage on Ford Motor in a report on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. Royal Bank of Canada reduced their price objective on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group raised their target price on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, May 6th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $10.00.

Ford Motor Trading Down 2.2%

Shares of Ford Motor stock traded down $0.24 during trading on Wednesday, reaching $10.49. The company's stock had a trading volume of 89,032,582 shares, compared to its average volume of 75,951,909. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a 52-week low of $8.44 and a 52-week high of $14.85. The firm's 50-day moving average is $9.95 and its two-hundred day moving average is $10.06. The company has a market cap of $41.56 billion, a price-to-earnings ratio of 7.18, a PEG ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F - Get Free Report) last issued 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. The firm had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business's revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the business earned $0.49 earnings per share. On average, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.72%. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

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.