Ford Motor Company (NYSE:F) Shares Purchased by Skandinaviska Enskilda Banken AB publ

Key Points

• Skandinaviska Enskilda Banken AB publ increased its stake in Ford Motor Company by 6.1% in Q1, now owning 843,559 shares valued at approximately $8.46 million.
• Several institutional investors, including Pacer Advisors Inc. with a 6,915.1% increase, have significantly raised their holdings in Ford, demonstrating robust investor interest.
• The company reported a Q1 earnings per share of $0.14, exceeding estimates and with revenues of $40.66 billion, although revenue showed a 6.2% decrease year-over-year.

Skandinaviska Enskilda Banken AB publ lifted its holdings in Ford Motor Company (NYSE:F - Free Report) by 6.1% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 843,559 shares of the auto manufacturer's stock after purchasing an additional 48,775 shares during the period. Skandinaviska Enskilda Banken AB publ's holdings in Ford Motor were worth $8,461,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in F. Kovack Advisors Inc. lifted its stake in Ford Motor by 1.7% in the first quarter. Kovack Advisors Inc. now owns 62,199 shares of the auto manufacturer's stock worth $624,000 after acquiring an additional 1,035 shares during the last quarter. Partners Wealth Management LLC lifted its stake in Ford Motor by 8.4% in the first quarter. Partners Wealth Management LLC now owns 13,903 shares of the auto manufacturer's stock worth $139,000 after acquiring an additional 1,082 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in Ford Motor by 10.1% in the fourth quarter. Proficio Capital Partners LLC now owns 12,118 shares of the auto manufacturer's stock worth $120,000 after acquiring an additional 1,112 shares during the last quarter. Pitcairn Co. lifted its stake in Ford Motor by 2.2% in the fourth quarter. Pitcairn Co. now owns 53,324 shares of the auto manufacturer's stock worth $528,000 after acquiring an additional 1,135 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC lifted its stake in Ford Motor by 7.6% in the first quarter. NorthCrest Asset Manangement LLC now owns 16,203 shares of the auto manufacturer's stock worth $163,000 after acquiring an additional 1,140 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Sanford C. Bernstein downgraded shares of Ford Motor from a "market perform" rating to an "underperform" rating and decreased their price target for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Piper Sandler upped their target price on shares of Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a report on Thursday, May 22nd. UBS Group upped their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Finally, Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $10.37.

Insider Buying and Selling at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the company's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the insider directly owned 113,939 shares of the company's stock, valued at $1,253,329. This represents a 20.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.48% of the stock is currently owned by company insiders.

Ford Motor Stock Performance

F stock traded up $0.21 on Friday, hitting $11.47. The company's stock had a trading volume of 52,268,568 shares, compared to its average volume of 73,353,880. The firm has a 50 day moving average of $10.87 and a two-hundred day moving average of $10.18. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $11.97. The stock has a market cap of $45.59 billion, a price-to-earnings ratio of 9.17, a price-to-earnings-growth ratio of 3.37 and a beta of 1.49. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The company 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%. Ford Motor's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 EPS. Equities analysts predict that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.23%. Ford Motor's payout ratio is currently 48.00%.

Ford Motor 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.