Board of the Pension Protection Fund Buys New Stake in Ford Motor Company $F

Board of the Pension Protection Fund purchased a new position in Ford Motor Company (NYSE:F) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 71,000 shares of the auto manufacturer’s stock, valued at approximately $849,000.

Several other institutional investors have also bought and sold shares of the business. Trust Co. of Toledo NA OH bought a new stake in shares of Ford Motor in the 2nd quarter worth about $25,000. Capital A Wealth Management LLC grew its position in Ford Motor by 990.9% in the second quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 2,279 shares in the last quarter. Country Trust Bank bought a new stake in Ford Motor during the second quarter worth approximately $27,000. Atlantic Union Bankshares Corp purchased a new stake in Ford Motor during the second quarter valued at approximately $30,000. Finally, AlphaQuest LLC lifted its stake in shares of Ford Motor by 1,018.5% in the 2nd quarter. AlphaQuest LLC now owns 3,087 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,811 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 1.1%

NYSE F opened at $13.47 on Friday. The stock has a market cap of $53.65 billion, a PE ratio of 11.61 and a beta of 1.60. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $13.99. The company’s 50-day moving average price is $12.97 and its 200-day moving average price is $11.92. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20.

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

Ford Motor Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on F shares. Barclays boosted their target price 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. Piper Sandler boosted their price objective on shares of Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Royal Bank Of Canada lifted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research note on Friday, October 24th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Ford Motor in a research report on Monday. Three research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.04.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.