Ford Motor (NYSE:F) Shares Purchased by Apexium Financial LP

Apexium Financial LP raised its position in Ford Motor (NYSE:F) by 1,181.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 233,192 shares of the auto manufacturer’s stock after buying an additional 215,000 shares during the period. Apexium Financial LP’s holdings in Ford Motor were worth $2,843,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of F. Charles Schwab Investment Management Inc. boosted its stake in Ford Motor by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock worth $1,068,596,000 after buying an additional 269,887 shares during the last quarter. Fisher Asset Management LLC increased its holdings in shares of Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock valued at $721,065,000 after purchasing an additional 3,522,965 shares during the period. Northern Trust Corp boosted its holdings in Ford Motor by 3.8% in the 3rd quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock valued at $473,312,000 after purchasing an additional 1,392,408 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Ford Motor by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 27,314,520 shares of the auto manufacturer’s stock valued at $333,014,000 after purchasing an additional 528,823 shares in the last quarter. Finally, LSV Asset Management increased its stake in Ford Motor by 3.9% in the 3rd quarter. LSV Asset Management now owns 20,238,211 shares of the auto manufacturer’s stock valued at $251,359,000 after purchasing an additional 751,500 shares in 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 news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.40% of the company’s stock.

Ford Motor Stock Performance

Shares of F traded up $0.06 during trading hours on Thursday, reaching $12.37. 41,481,670 shares of the company traded hands, compared to its average volume of 53,264,211. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32. The business has a fifty day moving average price of $12.62 and a 200-day moving average price of $11.85. The stock has a market capitalization of $49.39 billion, a P/E ratio of 12.76, a P/E/G ratio of 0.83 and a beta of 1.61. 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 quarterly 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 company had revenue of $42.78 billion during the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.63 EPS. Equities analysts anticipate that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 8th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Wall Street Analyst Weigh In

A number of research firms recently commented on F. Barclays lifted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Redburn Atlantic started coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target on the stock. Piper Sandler assumed coverage on Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. UBS Group increased their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Finally, Morgan Stanley raised their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $13.74.

About Ford Motor

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.