Osmosis Investment Management UK Ltd lessened its stake in shares of Ford Motor Company (NYSE:F – Free Report) by 36.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 308,439 shares of the auto manufacturer’s stock after selling 179,311 shares during the quarter. Osmosis Investment Management UK Ltd’s holdings in Ford Motor were worth $4,287,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of F. E20 Capital Ltd purchased a new position in shares of Ford Motor in the 2nd quarter valued at $57,991,000. Meiji Yasuda Asset Management Co Ltd. lifted its position in Ford Motor by 4.8% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,160 shares of the auto manufacturer’s stock valued at $308,000 after acquiring an additional 1,025 shares during the last quarter. Arete Wealth Advisors LLC purchased a new stake in Ford Motor in the second quarter valued at $3,285,000. Bank of Nova Scotia boosted its stake in Ford Motor by 337.4% in the second quarter. Bank of Nova Scotia now owns 2,633,643 shares of the auto manufacturer’s stock valued at $36,608,000 after acquiring an additional 2,031,576 shares in the last quarter. Finally, Kendall Capital Management boosted its stake in Ford Motor by 30.4% in the second quarter. Kendall Capital Management now owns 139,258 shares of the auto manufacturer’s stock valued at $1,936,000 after acquiring an additional 32,453 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. Barclays upped their target price on Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research report on Thursday, July 9th. JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Piper Sandler lifted their target price on shares of Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, DZ Bank upgraded shares of Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price target for the company in a research report on Friday, July 31st. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $15.68.
Ford Motor Stock Performance
Shares of F stock opened at $14.44 on Monday. The stock has a market capitalization of $57.58 billion, a PE ratio of -7.72, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. Ford Motor Company has a 52-week low of $11.11 and a 52-week high of $17.78. The stock’s 50-day moving average price is $14.12 and its 200 day moving average price is $13.51. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07.
Ford Motor (NYSE:F – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company had revenue of $48.30 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same period last year, the firm earned $0.37 EPS. The firm’s revenue for the quarter was down 3.8% on a year-over-year basis. As a group, equities research analysts forecast that Ford Motor Company will post 1.86 EPS for the current year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.2%. Ford Motor’s dividend payout ratio (DPR) is currently -32.09%.
Ford Motor 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.
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