North Dakota State Investment Board Purchases New Position in Ford Motor Company $F

North Dakota State Investment Board purchased a new stake in Ford Motor Company (NYSE:FFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 133,877 shares of the auto manufacturer’s stock, valued at approximately $1,756,000.

Several other institutional investors have also bought and sold shares of the stock. Caxton Associates LLP acquired a new position in Ford Motor in the first quarter worth $304,000. Empowered Funds LLC boosted its stake in Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after purchasing an additional 43,385 shares in the last quarter. Jump Financial LLC acquired a new position in Ford Motor in the second quarter worth $172,000. NewEdge Advisors LLC boosted its stake in Ford Motor by 26.3% in the second quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock worth $2,907,000 after purchasing an additional 55,741 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in Ford Motor by 1.5% in the second quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock worth $19,786,000 after purchasing an additional 26,526 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 0.1%

Shares of F opened at $13.05 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. Ford Motor Company has a 12-month low of $9.88 and a 12-month high of $14.94. The firm has a market capitalization of $51.99 billion, a PE ratio of -8.42, a price-to-earnings-growth ratio of 0.29 and a beta of 1.65. The stock’s fifty day simple moving average is $12.19 and its 200-day simple moving average is $13.01.

Ford Motor (NYSE:FGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating 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 business had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. During the same quarter in the prior year, the firm posted $0.14 earnings per share. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, research analysts predict that Ford Motor Company will post 1.6 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s dividend payout ratio is -38.71%.

Insider Activity

In other news, insider William Clay Ford, Jr. purchased 140,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were acquired at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the purchase, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. The trade was a 3.71% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.63% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Bank of America assumed coverage on Ford Motor in a research note on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price objective on the stock. Wall Street Zen lowered Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. UBS Group reduced their price objective on Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Barclays boosted 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, January 23rd. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $13.56.

Check Out Our Latest Analysis on F

Trending Headlines about Ford Motor

Here are the key news stories impacting Ford Motor this week:

Ford Motor Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:FFree Report).

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.