Ford Motor Company $F Shares Acquired by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd boosted its stake in Ford Motor Company (NYSE:F) by 15.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 385,109 shares of the auto manufacturer’s stock after buying an additional 52,475 shares during the period. UniSuper Management Pty Ltd’s holdings in Ford Motor were worth $4,606,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas increased its position in shares of Ford Motor by 178.0% in the 3rd quarter. Teacher Retirement System of Texas now owns 1,902,992 shares of the auto manufacturer’s stock worth $22,760,000 after purchasing an additional 1,218,544 shares during the last quarter. WFA Asset Management Corp grew its stake in Ford Motor by 8.6% in the third quarter. WFA Asset Management Corp now owns 27,905 shares of the auto manufacturer’s stock worth $334,000 after purchasing an additional 2,213 shares in the last quarter. BIP Wealth LLC acquired a new position in Ford Motor in the third quarter worth about $120,000. Simplicity Wealth LLC increased its holdings in Ford Motor by 82.3% in the third quarter. Simplicity Wealth LLC now owns 37,053 shares of the auto manufacturer’s stock valued at $443,000 after buying an additional 16,724 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC raised its stake in Ford Motor by 6.3% during the third quarter. Avidian Wealth Enterprises LLC now owns 20,680 shares of the auto manufacturer’s stock valued at $247,000 after buying an additional 1,229 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on F. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a research report on Monday, December 22nd. Barclays raised their price objective on Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Friday. Wall Street Zen raised shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Saturday, December 27th. Evercore ISI boosted their target price on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a research note on Monday, December 22nd. Finally, Zacks Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $13.19.

Ford Motor Price Performance

Shares of NYSE F opened at $13.57 on Monday. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. The firm has a market capitalization of $54.05 billion, a PE ratio of 11.69, a P/E/G ratio of 5.68 and a beta of 1.62. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.50. The business’s fifty day moving average price is $13.38 and its two-hundred day moving average price is $12.42.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.07. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The company had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. On average, research analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

About Ford Motor

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.