Kepler Cheuvreux Suisse SA Takes Position in Ford Motor Company $F

Kepler Cheuvreux Suisse SA purchased a new stake in Ford Motor Company (NYSE:F) in the 1st quarter, HoldingsChannel reports. The fund purchased 80,498 shares of the auto manufacturer’s stock, valued at approximately $929,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust lifted its holdings in shares of Ford Motor by 7.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock valued at $144,000 after purchasing an additional 756 shares in the last quarter. Robertson Stephens Wealth Management LLC boosted its position in shares of Ford Motor by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after buying an additional 761 shares during the period. CRA Financial Services LLC grew its holdings in shares of Ford Motor by 4.4% during the fourth quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock valued at $240,000 after buying an additional 775 shares in the last quarter. Cyndeo Wealth Partners LLC grew its holdings in shares of Ford Motor by 7.2% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock valued at $153,000 after buying an additional 784 shares in the last quarter. Finally, Activest Wealth Management raised its position in Ford Motor by 35.3% during the fourth quarter. Activest Wealth Management now owns 3,041 shares of the auto manufacturer’s stock valued at $40,000 after buying an additional 794 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of several research analyst reports. Wall Street Zen raised Ford Motor from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. The Goldman Sachs Group upped their target price on Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. Wells Fargo & Company increased their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $14.70.

Ford Motor Price Performance

F opened at $13.35 on Monday. The stock has a market cap of $53.18 billion, a price-to-earnings ratio of -8.61, a PEG ratio of 0.29 and a beta of 1.82. Ford Motor Company has a 1 year low of $10.68 and a 1 year high of $17.78. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The stock has a fifty day moving average price of $13.97 and a 200 day moving average price of $13.37.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The firm had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. Analysts forecast that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.5%. Ford Motor’s payout ratio is presently -38.71%.

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.