Rockefeller Capital Management L.P. Has $3.26 Million Position in Ford Motor (NYSE:F)

Rockefeller Capital Management L.P. lifted its stake in Ford Motor (NYSE:F) by 65.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 265,970 shares of the auto manufacturer’s stock after purchasing an additional 105,370 shares during the period. Rockefeller Capital Management L.P.’s holdings in Ford Motor were worth $3,257,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in F. Norges Bank acquired a new stake in Ford Motor during the 4th quarter worth $346,847,000. BlackRock Inc. grew its holdings in Ford Motor by 3.8% during the 1st quarter. BlackRock Inc. now owns 281,864,852 shares of the auto manufacturer’s stock worth $3,452,844,000 after acquiring an additional 10,258,701 shares during the period. Renaissance Technologies LLC grew its holdings in Ford Motor by 611.7% during the 4th quarter. Renaissance Technologies LLC now owns 9,773,609 shares of the auto manufacturer’s stock worth $85,910,000 after acquiring an additional 8,400,300 shares during the period. Jupiter Asset Management Ltd. acquired a new stake in Ford Motor during the 4th quarter worth $59,070,000. Finally, Menora Mivtachim Holdings LTD. acquired a new stake in Ford Motor during the 1st quarter worth $80,483,000. 51.94% of the stock is owned by hedge funds and other institutional investors.

F opened at $15.11 on Friday. The company has a market cap of $60.31 billion, a PE ratio of 15.26, a P/E/G ratio of 0.73 and a beta of 1.16. Ford Motor has a 12 month low of $5.74 and a 12 month high of $16.45. The company has a fifty day moving average of $12.84. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 3.04.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Tuesday, April 27th. The auto manufacturer reported $0.89 EPS for the quarter, topping the consensus estimate of $0.16 by $0.73. Ford Motor had a net margin of 3.07% and a return on equity of 19.04%. The firm had revenue of $33.55 billion for the quarter, compared to analysts’ expectations of $32.72 billion. During the same period in the previous year, the firm posted ($0.23) EPS. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, equities research analysts predict that Ford Motor will post 1 EPS for the current fiscal year.

In other Ford Motor news, insider Kiersten Robinson sold 60,000 shares of the business’s stock in a transaction dated Friday, June 4th. The shares were sold at an average price of $16.20, for a total transaction of $972,000.00. Following the sale, the insider now directly owns 109,691 shares of the company’s stock, valued at approximately $1,776,994.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.90% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of Ford Motor in a report on Monday, April 5th. They issued an “overweight” rating and a $15.00 price target for the company. Wolfe Research raised shares of Ford Motor from a “peer perform” rating to an “outperform” rating and boosted their price target for the company from $13.00 to $15.00 in a report on Thursday, April 22nd. Jefferies Financial Group boosted their price target on shares of Ford Motor from $14.00 to $16.00 and gave the company a “buy” rating in a report on Monday, March 29th. They noted that the move was a valuation call. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Ford Motor from $14.00 to $16.00 and gave the company a “hold” rating in a report on Thursday, May 27th. Finally, Tudor Pickering assumed coverage on shares of Ford Motor in a report on Tuesday, May 18th. They issued a “buy” rating and a $17.00 price target for the company. Two analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $12.96.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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