Public Sector Pension Investment Board Acquires 40,522 Shares of Ford Motor Company (NYSE:F)

Public Sector Pension Investment Board raised its holdings in Ford Motor Company (NYSE:F - Free Report) by 8.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 529,340 shares of the auto manufacturer's stock after purchasing an additional 40,522 shares during the quarter. Public Sector Pension Investment Board's holdings in Ford Motor were worth $5,309,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of F. Vanguard Group Inc. raised its position in shares of Ford Motor by 13.8% during the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock worth $4,590,333,000 after acquiring an additional 55,576,478 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock worth $1,404,741,000 after acquiring an additional 10,947,527 shares during the last quarter. Pacer Advisors Inc. raised its position in shares of Ford Motor by 6,915.1% during the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock worth $492,253,000 after acquiring an additional 48,378,444 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Ford Motor by 11.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock worth $460,444,000 after purchasing an additional 4,925,993 shares during the period. Finally, Northern Trust Corp increased its holdings in Ford Motor by 11.0% in the fourth 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 last quarter. Institutional investors own 58.74% of the company's stock.

Insider Buying and Selling

In related news, insider Andrew Frick sold 30,000 shares of the 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 directly owned 113,939 shares of the company's stock, valued at approximately $1,253,329. This represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.48% of the company's stock.

Ford Motor Price Performance

NYSE:F opened at $11.44 on Friday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The company has a market cap of $45.53 billion, a PE ratio of 14.67, a PEG ratio of 3.30 and a beta of 1.48. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $11.97. The stock has a 50-day simple moving average of $11.12 and a 200 day simple moving average of $10.30.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%. The business had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. During the same period last year, the company earned $0.47 earnings per share. Ford Motor's quarterly revenue was up 5.0% on a year-over-year basis. On average, sell-side analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.2%. Ford Motor's dividend payout ratio is 76.92%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on F shares. Dbs Bank downgraded Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. Royal Bank Of Canada upped their price objective on Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a report on Tuesday, August 5th. The Goldman Sachs Group upped their price objective on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Finally, Barclays upped their price objective on Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a report on Wednesday, July 16th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Ford Motor has a consensus rating of "Hold" and an average price target 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.

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