Ford Motor Company $F Stake Boosted by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its stake in shares of Ford Motor Company (NYSE:F) by 6.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,501,330 shares of the auto manufacturer’s stock after purchasing an additional 666,609 shares during the quarter. Hsbc Holdings PLC owned about 0.26% of Ford Motor worth $137,937,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in F. Caxton Associates LLP bought a new position in Ford Motor during the 1st quarter worth $304,000. Empowered Funds LLC increased its position 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 buying an additional 43,385 shares during the period. Jump Financial LLC bought a new stake in Ford Motor in the second quarter valued at $172,000. NewEdge Advisors LLC lifted 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 valued at $2,907,000 after buying an additional 55,741 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its holdings in shares of Ford Motor by 1.5% during the second 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 acquiring an additional 26,526 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of F opened at $14.04 on Friday. Ford Motor Company has a one year low of $10.42 and a one year high of $17.78. The stock’s fifty day moving average is $13.71 and its 200-day moving average is $13.33. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. The firm has a market capitalization of $55.96 billion, a price-to-earnings ratio of -9.06, a price-to-earnings-growth ratio of 0.31 and a beta of 1.79.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share 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 prior year, the company posted $0.14 earnings per share. Equities analysts anticipate that Ford Motor Company will post 1.64 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio is currently -38.71%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on F shares. TD Cowen lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, May 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. Wall Street Zen raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Morgan Stanley restated an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $13.00 price target on shares of Ford Motor in a report on Friday, May 15th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $14.63.

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.