Board of the Pension Protection Fund Raises Position in Ford Motor Company $F

Board of the Pension Protection Fund grew its holdings in Ford Motor Company (NYSE:F) by 77.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,000 shares of the auto manufacturer’s stock after acquiring an additional 55,000 shares during the period. Ford Motor comprises approximately 1.6% of Board of the Pension Protection Fund’s portfolio, making the stock its 21st largest position. Board of the Pension Protection Fund’s holdings in Ford Motor were worth $1,653,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Park Avenue Securities LLC increased its holdings in Ford Motor by 12.0% during the 4th quarter. Park Avenue Securities LLC now owns 139,254 shares of the auto manufacturer’s stock worth $1,827,000 after purchasing an additional 14,898 shares during the period. Holos Integrated Wealth LLC purchased a new position in shares of Ford Motor in the 4th quarter valued at about $678,000. GoalVest Advisory LLC boosted its stake in shares of Ford Motor by 170.3% in the 4th quarter. GoalVest Advisory LLC now owns 3,244 shares of the auto manufacturer’s stock valued at $43,000 after buying an additional 2,044 shares during the period. Grant Private Wealth Management Inc acquired a new position in shares of Ford Motor during the fourth quarter worth about $194,000. Finally, Foguth Wealth Management LLC. purchased a new stake in shares of Ford Motor during the fourth quarter worth approximately $526,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the topic of several analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday. UBS Group increased their price objective on shares of Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Barclays lifted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Finally, Evercore boosted their target price on shares of Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a research note on Monday, December 22nd. Four research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $13.29.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $11.65 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $14.80. The firm’s 50 day moving average is $13.39 and its two-hundred day moving average is $12.92. The firm has a market capitalization of $46.46 billion, a P/E ratio of -5.65, a P/E/G ratio of 0.27 and a beta of 1.65.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.07. The business had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The company’s revenue was down 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 EPS. Research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.2%. The ex-dividend date was Friday, February 13th. Ford Motor’s dividend payout ratio is currently -29.13%.

Insider Activity

In other news, insider William Clay Ford, Jr. acquired 140,000 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were bought at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the acquisition, the insider owned 3,912,600 shares in the company, valued at $54,072,132. This trade represents a 3.71% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.48% of the company’s stock.

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.