Handelsbanken Fonder AB Increases Position in Ford Motor (NYSE:F)

Handelsbanken Fonder AB grew its stake in Ford Motor (NYSE:F - Free Report) by 17.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,053,922 shares of the auto manufacturer's stock after purchasing an additional 158,970 shares during the quarter. Handelsbanken Fonder AB's holdings in Ford Motor were worth $12,847,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of F. Sequoia Financial Advisors LLC raised its holdings in shares of Ford Motor by 15.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer's stock valued at $4,171,000 after buying an additional 44,581 shares during the period. Pearl River Capital LLC lifted its position in shares of Ford Motor by 174.2% during the third quarter. Pearl River Capital LLC now owns 332,161 shares of the auto manufacturer's stock worth $4,125,000 after purchasing an additional 211,037 shares in the last quarter. TIAA Trust National Association purchased a new position in shares of Ford Motor in the third quarter valued at approximately $1,104,000. Mackenzie Financial Corp grew its holdings in shares of Ford Motor by 110.5% in the third quarter. Mackenzie Financial Corp now owns 700,928 shares of the auto manufacturer's stock valued at $8,460,000 after purchasing an additional 367,977 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its stake in Ford Motor by 616.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 300,951 shares of the auto manufacturer's stock worth $3,738,000 after buying an additional 258,920 shares during the period. Hedge funds and other institutional investors own 58.74% of the company's stock.

Insider Activity at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares of the company's stock, valued at $88,988.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.40% of the company's stock.

Ford Motor Price Performance

Shares of NYSE:F traded up $0.01 during midday trading on Wednesday, hitting $12.95. 71,457,432 shares of the stock were exchanged, compared to its average volume of 53,875,523. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The company has a 50 day moving average price of $12.60 and a 200-day moving average price of $11.78. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The stock has a market cap of $51.46 billion, a P/E ratio of 11.99, a PEG ratio of 1.02 and a beta of 1.63.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.05. The company had revenue of $42.78 billion during the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. Ford Motor's revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 earnings per share. On average, research analysts forecast that Ford Motor will post 1.9 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were given a $0.33 dividend. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor's dividend payout ratio is currently 55.56%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. UBS Group downgraded shares of Ford Motor from a "buy" rating to a "neutral" rating and set a $12.00 price objective on the stock. in a research report on Wednesday, January 17th. Royal Bank of Canada reiterated a "sector perform" rating and set a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 7th. Piper Sandler assumed coverage on Ford Motor in a research note on Friday, March 15th. They issued a "neutral" rating and a $13.00 target price on the stock. Redburn Atlantic assumed coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a "sell" rating and a $10.00 price target on the stock. Finally, Morgan Stanley raised their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an "overweight" rating in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $13.82.

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.