E. Ohman J or Asset Management AB Invests $1.40 Million in Ford Motor Company $F

E. Ohman J or Asset Management AB acquired a new stake in shares of Ford Motor Company (NYSE:F) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 106,538 shares of the auto manufacturer’s stock, valued at approximately $1,398,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Corsicana & Co. bought a new position in shares of Ford Motor during the 3rd quarter valued at $25,000. Grove Bank & Trust boosted its stake in shares of Ford Motor by 110.7% in the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,000 shares during the last quarter. Country Trust Bank bought a new stake in shares of Ford Motor in the second quarter worth $27,000. Capital A Wealth Management LLC grew its holdings in shares of 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 during the period. Finally, Johnson Financial Group Inc. increased its position in Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after acquiring an additional 837 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Insider Buying and Selling at Ford Motor

In related news, insider William Clay Ford, Jr. bought 140,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the transaction, the insider owned 3,912,600 shares in the company, valued at $54,072,132. The trade was a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.48% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent research reports. UBS Group increased their target price on Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Bank of America assumed coverage on shares of Ford Motor in a research report on Wednesday, March 4th. They set a “buy” rating and a $17.00 price target for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. JPMorgan Chase & Co. raised their price objective on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Finally, Morgan Stanley boosted their target price on shares of Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a research report on Monday, December 8th. Four equities 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 stock. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and an average target price of $13.29.

Ford Motor Stock Performance

NYSE:F opened at $11.84 on Wednesday. The stock has a 50-day moving average price of $13.25 and a 200 day moving average price of $12.94. The stock has a market capitalization of $47.22 billion, a P/E ratio of -5.75, a P/E/G ratio of 0.27 and a beta of 1.65. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $14.80. 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 posted its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The company had revenue of $45.89 billion for the quarter, compared to analysts’ expectations of $41.78 billion. During the same period in the previous year, the firm earned $0.39 EPS. The firm’s revenue was down 4.8% compared to the same quarter last year. Equities research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s payout ratio is -29.13%.

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.