Swedbank AB Has $11.48 Million Stock Holdings in Ford Motor Company $F

Key Points

• Swedbank AB has increased its position in Ford Motor Company to approximately $11.48 million, owning over 1 million shares after acquiring additional stock in the second quarter.
• Analysts have mixed views on Ford stock; while JPMorgan raised their price target to $13.00, others like Dbs Bank downgraded it to a "moderate sell."
• Ford recently announced a quarterly dividend of $0.15 per share, reflecting an annual yield of 5.2%, with a payout ratio of 76.92%.

Swedbank AB boosted its holdings in Ford Motor Company (NYSE:F - Free Report) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,057,760 shares of the auto manufacturer's stock after acquiring an additional 23,837 shares during the quarter. Swedbank AB's holdings in Ford Motor were worth $11,477,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Ford Motor by 2.3% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 473,613 shares of the auto manufacturer's stock worth $5,139,000 after acquiring an additional 10,819 shares in the last quarter. Signal Advisors Wealth LLC raised its position in Ford Motor by 17.8% in the second quarter. Signal Advisors Wealth LLC now owns 117,682 shares of the auto manufacturer's stock worth $1,277,000 after acquiring an additional 17,776 shares in the last quarter. Lincoln Capital Corp raised its position in Ford Motor by 12.0% in the second quarter. Lincoln Capital Corp now owns 23,072 shares of the auto manufacturer's stock worth $250,000 after acquiring an additional 2,480 shares in the last quarter. Lineweaver Wealth Advisors LLC raised its position in Ford Motor by 7.1% in the second quarter. Lineweaver Wealth Advisors LLC now owns 29,501 shares of the auto manufacturer's stock worth $320,000 after acquiring an additional 1,946 shares in the last quarter. Finally, Channel Wealth LLC acquired a new stake in Ford Motor during the 2nd quarter worth about $110,000. 58.74% of the stock is currently owned by institutional investors.

Insider Transactions at Ford Motor

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

Ford Motor Trading Up 0.4%

F traded up $0.05 during midday trading on Monday, reaching $11.67. 58,400,302 shares of the company were exchanged, compared to its average volume of 47,778,476. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. Ford Motor Company has a one year low of $8.44 and a one year high of $11.99. The stock has a market capitalization of $46.44 billion, a P/E ratio of 14.96, a PEG ratio of 3.34 and a beta of 1.52. The stock's 50-day simple moving average is $11.46 and its 200 day simple moving average is $10.68.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results 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 firm had revenue of $50.18 billion for the quarter, compared to analysts' expectations of $42.91 billion. During the same quarter last year, the business earned $0.47 earnings per share. The company's revenue was up 5.0% compared to the same quarter last year. As a group, analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 5.1%. Ford Motor's dividend payout ratio (DPR) is 76.92%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. 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 lifted their target price on Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a research note on Tuesday, August 5th. JPMorgan Chase & Co. lifted their target price on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Jefferies Financial Group boosted their price target on Ford Motor from $8.00 to $9.00 and gave the company an "underperform" rating in a research note on Monday, August 11th. Finally, Piper Sandler boosted their price target on Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus 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.