Mitsubishi UFJ Asset Management Co. Ltd. Has $49.37 Million Stock Position in Ford Motor (NYSE:F)

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Ford Motor (NYSE:F - Free Report) by 7.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 4,215,838 shares of the auto manufacturer's stock after buying an additional 279,030 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.11% of Ford Motor worth $49,367,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Whittier Trust Co. of Nevada Inc. raised its position in shares of Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer's stock worth $25,000 after acquiring an additional 1,839 shares during the period. Milestone Investment Advisors LLC acquired a new position in Ford Motor in the 3rd quarter worth about $27,000. Provence Wealth Management Group purchased a new position in Ford Motor during the third quarter worth approximately $31,000. Headinvest LLC acquired a new stake in Ford Motor in the third quarter valued at approximately $31,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Ford Motor in the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Barclays lifted their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an "overweight" rating in a report on Thursday, April 11th. UBS Group raised their target price on Ford Motor from $13.00 to $14.00 and gave the stock a "neutral" rating in a research note on Thursday, April 25th. Redburn Atlantic began coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a "sell" rating and a $10.00 price target on the stock. Morgan Stanley boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an "overweight" rating in a report on Tuesday, February 13th. Finally, Citigroup lifted their price target on shares of Ford Motor from $16.00 to $18.00 and gave the company a "buy" rating in a research report on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $13.74.

Ford Motor Price Performance

NYSE:F traded down $0.13 during trading hours on Wednesday, hitting $12.31. The company's stock had a trading volume of 50,713,746 shares, compared to its average volume of 53,389,539. The company has a market capitalization of $49.15 billion, a PE ratio of 12.69, a PEG ratio of 0.83 and a beta of 1.61. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The business's 50-day moving average is $12.62 and its two-hundred day moving average is $11.85. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. The business had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The company's quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.63 EPS. As a group, research analysts anticipate that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.87%. The ex-dividend date is Tuesday, May 7th. Ford Motor's dividend payout ratio (DPR) is presently 61.86%.

Insider Transactions at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the business's stock in a transaction that occurred 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 transaction, 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 SEC, which is accessible through this link. Insiders own 0.40% of the company's stock.

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.