Czech National Bank Increases Stake in Ford Motor Company $F

Czech National Bank increased its stake in Ford Motor Company (NYSE:F) by 4.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 992,807 shares of the auto manufacturer’s stock after purchasing an additional 38,134 shares during the period. Czech National Bank’s holdings in Ford Motor were worth $11,874,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of F. Trust Co. of Toledo NA OH acquired a new position in Ford Motor in the 2nd quarter worth approximately $25,000. Country Trust Bank acquired a new stake in Ford Motor during the 2nd quarter valued at approximately $27,000. Capital A Wealth Management LLC boosted its holdings in shares of Ford Motor by 990.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 2,279 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Ford Motor in the second quarter worth $30,000. Finally, Cypress Capital LLC purchased a new position in shares of Ford Motor during the second quarter worth $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wells Fargo & Company upped their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Friday, October 24th. Morgan Stanley boosted their price objective on Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Piper Sandler raised their target price on Ford Motor from $9.50 to $11.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Barclays lifted their price target on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Monday, October 27th. Finally, UBS Group upped their price objective on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average price target of $12.04.

Ford Motor Stock Performance

NYSE F opened at $13.31 on Friday. The stock has a market capitalization of $53.01 billion, a price-to-earnings ratio of 11.47 and a beta of 1.60. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.99. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The stock has a 50-day moving average of $12.93 and a 200 day moving average of $11.89.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. The company had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.Ford Motor’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the company earned $0.49 earnings per share. Sell-side analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were issued a $0.15 dividend. The ex-dividend date was Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.5%. Ford Motor’s dividend payout ratio (DPR) is presently 51.72%.

About Ford Motor

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.