MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. decreased its position in Ford Motor (NYSE:F - Free Report) by 15.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 931,233 shares of the auto manufacturer's stock after selling 167,702 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Ford Motor were worth $9,219,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of F. Hager Investment Management Services LLC bought a new stake in Ford Motor in the 4th quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor in the fourth quarter valued at $29,000. Flagship Wealth Advisors LLC bought a new position in shares of Ford Motor in the fourth quarter valued at about $30,000. Kentucky Trust Co acquired a new stake in shares of Ford Motor during the 4th quarter worth about $31,000. Finally, Crewe Advisors LLC boosted its holdings in shares of Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock worth $33,000 after buying an additional 2,068 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.
Ford Motor Price Performance
F traded down $0.06 during trading on Monday, hitting $10.74. 60,113,280 shares of the stock traded hands, compared to its average volume of 75,763,037. The business has a 50 day moving average price of $9.90 and a 200 day moving average price of $10.05. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a twelve month low of $8.44 and a twelve month high of $14.85. The company has a market cap of $42.57 billion, a price-to-earnings ratio of 7.36, a PEG ratio of 0.61 and a beta of 1.53.
Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The company had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. During the same quarter in the previous year, the firm earned $0.49 EPS. Ford Motor's revenue was down 6.2% on a year-over-year basis. Equities research analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be paid a $0.15 dividend. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.59%. Ford Motor's payout ratio is currently 48.00%.
Analyst Ratings Changes
Several equities research analysts have issued reports on F shares. The Goldman Sachs Group raised their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Royal Bank of Canada reduced their price target 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. Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Wells Fargo & Company reduced their target price on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. Finally, Piper Sandler decreased their price target on shares of Ford Motor from $9.00 to $8.50 and set a "neutral" rating on the stock in a research note on Tuesday, May 6th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $10.00.
Get Our Latest Stock Report on Ford Motor
Ford Motor Company Profile
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Free Report)
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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