Achmea Investment Management B.V. boosted its stake in shares of Ford Motor Company (NYSE:F – Free Report) by 37.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,255,745 shares of the auto manufacturer’s stock after buying an additional 615,762 shares during the quarter. Achmea Investment Management B.V. owned approximately 0.06% of Ford Motor worth $26,979,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the stock. Caxton Associates LLP purchased a new position in Ford Motor in the first quarter valued at approximately $304,000. Empowered Funds LLC increased its position in Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after buying an additional 43,385 shares during the last quarter. Foundations Investment Advisors LLC increased its position in Ford Motor by 9.8% in the second quarter. Foundations Investment Advisors LLC now owns 103,501 shares of the auto manufacturer’s stock worth $1,123,000 after buying an additional 9,254 shares during the last quarter. Creative Planning raised its stake in shares of Ford Motor by 1.7% in the second quarter. Creative Planning now owns 1,056,326 shares of the auto manufacturer’s stock valued at $11,461,000 after buying an additional 17,466 shares during the period. Finally, Thoroughbred Financial Services LLC lifted its position in shares of Ford Motor by 17.6% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 17,308 shares of the auto manufacturer’s stock valued at $187,000 after buying an additional 2,586 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.
Insider Buying and Selling
In other news, insider William Clay Ford, Jr. acquired 140,000 shares of Ford Motor stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the transaction, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. This trade represents a 3.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.48% of the company’s stock.
Ford Motor Price Performance
Ford Motor (NYSE:F – Get Free Report) last released its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.07. The firm had revenue of $45.89 billion for the quarter, compared to the consensus estimate of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS. Equities analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.
Ford Motor Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. Ford Motor’s payout ratio is currently -29.13%.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on F. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “sell” rating in a research note on Saturday, February 14th. HSBC upped their price objective on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a report on Tuesday, January 13th. Bank of America began coverage on shares of Ford Motor in a research report on Wednesday, March 4th. They set a “buy” rating and a $17.00 target price for the company. UBS Group lifted their target price on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average price target of $13.29.
View Our Latest Stock Report on F
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.
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