Alaska Permanent Fund Corp Boosts Position in Ford Motor (NYSE:F)

Alaska Permanent Fund Corp grew its stake in Ford Motor (NYSE:F) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 177,582 shares of the auto manufacturer’s stock after acquiring an additional 7,882 shares during the quarter. Alaska Permanent Fund Corp’s holdings in Ford Motor were worth $2,165,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. GHP Investment Advisors Inc. lifted its position in Ford Motor by 67.6% during the third quarter. GHP Investment Advisors Inc. now owns 12,222 shares of the auto manufacturer’s stock worth $144,000 after buying an additional 4,929 shares during the period. Caprock Group LLC grew its stake in Ford Motor by 10.0% during the 3rd quarter. Caprock Group LLC now owns 49,897 shares of the auto manufacturer’s stock valued at $620,000 after purchasing an additional 4,518 shares in the last quarter. SS&H Financial Advisors Inc. bought a new position in Ford Motor during the 3rd quarter worth approximately $366,000. Fiduciary Alliance LLC lifted its holdings in Ford Motor by 1,182.3% during the 3rd quarter. Fiduciary Alliance LLC now owns 32,212 shares of the auto manufacturer’s stock worth $400,000 after buying an additional 29,700 shares during the last quarter. Finally, Czech National Bank lifted its holdings in Ford Motor by 47.7% during the 3rd quarter. Czech National Bank now owns 687,123 shares of the auto manufacturer’s stock worth $8,534,000 after buying an additional 221,751 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.80% of the company’s stock.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $13.02 on Friday. The stock has a market cap of $51.74 billion, a PE ratio of 13.44, a price-to-earnings-growth ratio of 1.02 and a beta of 1.63. The business has a fifty day simple moving average of $12.61 and a 200-day simple moving average of $11.79. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. The business had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a return on equity of 17.56% and a net margin of 2.21%. Ford Motor’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.63 earnings per share. On average, sell-side analysts anticipate that Ford Motor will post 1.9 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.61%. Ford Motor’s payout ratio is 61.86%.

Analysts Set New Price Targets

Several analysts recently issued reports on F shares. Barclays raised their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Piper Sandler assumed coverage on Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price on the stock. Citigroup raised their target price on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Redburn Atlantic assumed coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price on the stock. Finally, Morgan Stanley raised their target price on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $14.02.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company 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.