Swedbank AB Has $11.48 Million Position in Ford Motor Company $F

Swedbank AB raised its holdings in Ford Motor Company (NYSE:F) by 2.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of F. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Ford Motor by 2.3% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 473,613 shares of the auto manufacturer’s stock valued at $5,139,000 after buying an additional 10,819 shares during the last quarter. Signal Advisors Wealth LLC raised its position in shares of Ford Motor by 17.8% during the second quarter. Signal Advisors Wealth LLC now owns 117,682 shares of the auto manufacturer’s stock valued at $1,277,000 after buying an additional 17,776 shares during the last quarter. Lincoln Capital Corp increased its holdings in Ford Motor by 12.0% in the 2nd quarter. Lincoln Capital Corp now owns 23,072 shares of the auto manufacturer’s stock valued at $250,000 after buying an additional 2,480 shares during the period. Lineweaver Wealth Advisors LLC increased its holdings in Ford Motor by 7.1% in the 2nd quarter. Lineweaver Wealth Advisors LLC now owns 29,501 shares of the auto manufacturer’s stock valued at $320,000 after buying an additional 1,946 shares during the period. Finally, Channel Wealth LLC bought a new stake in Ford Motor in the 2nd quarter valued at $110,000. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on F shares. JPMorgan Chase & Co. boosted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Dbs Bank downgraded shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Jefferies Financial Group boosted their target price on shares of Ford Motor from $8.00 to $9.00 and gave the company an “underperform” rating in a research note on Monday, August 11th. Barclays boosted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 16th. Finally, Piper Sandler boosted their target price on shares of Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $10.53.

Ford Motor Stock Down 0.9%

Shares of NYSE F opened at $11.63 on Monday. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The firm has a market capitalization of $46.29 billion, a price-to-earnings ratio of 14.91, a PEG ratio of 3.34 and a beta of 1.52. The stock has a 50 day moving average price of $11.46 and a 200 day moving average price of $10.68. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $11.99.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $42.91 billion. During the same quarter in the prior year, the business posted $0.47 EPS. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. Sell-side analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were given 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 dividend yield of 5.2%. Ford Motor’s dividend payout ratio (DPR) is 76.92%.

Insider Activity at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the firm’s 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 sale, the insider directly owned 113,939 shares in the company, valued at $1,253,329. This trade represents a 20.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.48% of the stock is owned by company insiders.

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.