Ford Motor Company $F Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB trimmed its holdings in Ford Motor Company (NYSE:F) by 58.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 175,077 shares of the auto manufacturer’s stock after selling 241,628 shares during the quarter. Handelsbanken Fonder AB’s holdings in Ford Motor were worth $2,434,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in F. MV Capital Management Inc. purchased a new stake in Ford Motor in the fourth quarter valued at $25,000. McMillan Office Inc. acquired a new stake in shares of Ford Motor during the fourth quarter valued at about $26,000. Legacy Wealth Managment LLC ID raised its stake in shares of Ford Motor by 108.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,230 shares during the period. Johnson Financial Group Inc. raised its position in Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares during the period. Finally, Caldwell Trust Co raised its position in Ford Motor by 605.8% in the first quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 2,175 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $14.36 on Monday. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. The firm has a market capitalization of $57.26 billion, a PE ratio of -7.68, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. The business’s fifty day moving average price is $14.18 and its 200 day moving average price is $13.50.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. The company had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.Ford Motor’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.37 EPS. On average, sell-side analysts anticipate that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.60 annualized dividend and a yield of 4.2%. Ford Motor’s payout ratio is presently -32.09%.

Analyst Upgrades and Downgrades

F has been the subject of several research analyst reports. Wall Street Zen lowered Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Dbs Bank upgraded Ford Motor from a “hold” rating to a “moderate buy” rating in a report on Tuesday, August 11th. Zacks Research cut Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Royal Bank Of Canada lifted their target price on Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research note on Wednesday, June 24th. Eight 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 stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $15.68.

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.