Keybank National Association OH Boosts Stock Holdings in Ford Motor Company $F

Keybank National Association OH increased its position in Ford Motor Company (NYSE:F) by 28.0% in the first quarter, Holdings Channel.com reports. The fund owned 199,452 shares of the auto manufacturer’s stock after purchasing an additional 43,603 shares during the period. Keybank National Association OH’s holdings in Ford Motor were worth $2,302,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in F. Grove Bank & Trust lifted its holdings in shares of Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,000 shares in the last quarter. MV Capital Management Inc. purchased a new position in shares of Ford Motor in the 4th quarter worth $25,000. Olistico Wealth LLC bought a new stake in shares of Ford Motor in the fourth quarter worth $26,000. McMillan Office Inc. bought a new stake in shares of Ford Motor in the fourth quarter worth $26,000. Finally, Johnson Financial Group Inc. increased its position in Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after acquiring an additional 837 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on F. Wells Fargo & Company increased their target price on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Thursday, June 25th. Wall Street Zen raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. TD Cowen lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, May 1st. Bank of America raised their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $13.00 target price on shares of Ford Motor in a research report on Friday, May 15th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $14.70.

Ford Motor Stock Performance

NYSE:F opened at $13.35 on Monday. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. The stock has a 50-day simple moving average of $13.97 and a two-hundred day simple moving average of $13.37. The firm has a market capitalization of $53.18 billion, a PE ratio of -8.61, a P/E/G ratio of 0.29 and a beta of 1.82. Ford Motor Company has a 52-week low of $10.68 and a 52-week high of $17.78.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping the consensus estimate 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 last year, the company earned $0.14 earnings per share. The business’s revenue for the quarter 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 year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.5%. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Ford Motor Company Profile

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.