Baader Bank Aktiengesellschaft boosted its stake in Ford Motor Company (NYSE:F – Free Report) by 138.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 93,938 shares of the auto manufacturer’s stock after buying an additional 54,552 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Ford Motor were worth $1,079,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Grove Bank & Trust raised its stake in Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,000 shares in the last quarter. MV Capital Management Inc. bought a new stake in shares of Ford Motor in the 4th quarter worth about $25,000. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth about $26,000. McMillan Office Inc. acquired a new stake in shares of Ford Motor during the 4th quarter worth about $26,000. Finally, Legacy Wealth Managment LLC ID lifted its holdings in Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,230 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.
Ford Motor Trading Down 1.4%
F stock opened at $14.03 on Tuesday. 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 twelve month low of $10.68 and a twelve month high of $17.78. The company has a market cap of $55.89 billion, a P/E ratio of -9.05, a PEG ratio of 0.32 and a beta of 1.82. The business has a fifty day moving average of $14.34 and a 200-day moving average of $13.41.
Ford Motor Announces Dividend
The firm also recently announced 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 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is -38.71%.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. Wells Fargo & Company boosted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a report on Friday, May 15th. TD Cowen reduced their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a report on Friday, May 1st. UBS Group increased their price target on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Finally, Barclays raised their price target on Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $14.79.
Ford Motor 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.
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