Ford Motor Company $F Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB lessened its stake in Ford Motor Company (NYSE:F) by 11.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 415,756 shares of the auto manufacturer’s stock after selling 51,694 shares during the period. Handelsbanken Fonder AB’s holdings in Ford Motor were worth $5,455,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in F. Caxton Associates LLP acquired a new stake in Ford Motor in the 1st quarter valued at approximately $304,000. Empowered Funds LLC increased its holdings in Ford Motor by 41.6% in the 1st quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock valued at $1,482,000 after purchasing an additional 43,385 shares during the last quarter. Jump Financial LLC acquired a new stake in Ford Motor in the 2nd quarter valued at approximately $172,000. NewEdge Advisors LLC increased its holdings in Ford Motor by 26.3% in the 2nd quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock valued at $2,907,000 after purchasing an additional 55,741 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its holdings in Ford Motor by 1.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock valued at $19,786,000 after purchasing an additional 26,526 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. UBS Group dropped their target price on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. The Goldman Sachs Group dropped their price target on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Finally, Bank of America assumed coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $13.56.

Ford Motor Stock Performance

NYSE:F opened at $14.93 on Friday. The company has a fifty day simple moving average of $12.29 and a two-hundred day simple moving average of $13.03. The company has a market cap of $59.47 billion, a price-to-earnings ratio of -9.63, a price-to-earnings-growth ratio of 0.30 and a beta of 1.65. 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 52 week low of $9.88 and a 52 week high of $14.95.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping the consensus estimate of $0.18 by $0.48. The business had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 earnings per share. As a group, equities analysts anticipate that Ford Motor Company will post 1.6 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s payout ratio is -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.