Lansforsakringar Fondforvaltning AB publ Buys 75,395 Shares of Ford Motor Company $F

Lansforsakringar Fondforvaltning AB publ lifted its stake in shares of Ford Motor Company (NYSE:F) by 6.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,293,659 shares of the auto manufacturer’s stock after purchasing an additional 75,395 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Ford Motor were worth $15,472,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Corsicana & Co. purchased a new position in Ford Motor during the 3rd quarter valued at about $25,000. Country Trust Bank bought a new position in shares of Ford Motor in the second quarter valued at approximately $27,000. Capital A Wealth Management LLC grew its stake in Ford Motor by 990.9% during the second 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 in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Ford Motor during the 2nd quarter worth approximately $30,000. Finally, Salomon & Ludwin LLC increased its holdings in Ford Motor by 86.6% during the 3rd quarter. Salomon & Ludwin LLC now owns 2,333 shares of the auto manufacturer’s stock worth $30,000 after acquiring an additional 1,083 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $14.01 on Monday. The business’s 50-day moving average price is $13.68 and its 200-day moving average price is $12.78. The firm has a market capitalization of $55.89 billion, a PE ratio of -6.80, a price-to-earnings-growth ratio of 0.34 and a beta of 1.66. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.50. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. The business had revenue of $45.89 billion for the quarter, compared to analysts’ expectations of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The business’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period last year, the business earned $0.39 earnings per share. Sell-side analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

Analysts Set New Price Targets

Several brokerages have commented on F. Royal Bank Of Canada reissued a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. Zacks Research upgraded Ford Motor from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “sell” rating in a research report on Saturday, February 14th. Finally, HSBC boosted their price objective on Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $13.02.

Ford Motor 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.