Andra AP fonden Sells 113,300 Shares of Ford Motor Company $F

Andra AP fonden cut its stake in shares of Ford Motor Company (NYSE:F) by 29.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 267,855 shares of the auto manufacturer’s stock after selling 113,300 shares during the period. Andra AP fonden’s holdings in Ford Motor were worth $3,091,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC bought a new position in Ford Motor during the 1st quarter worth approximately $67,000. Convergence Investment Partners LLC lifted its holdings in Ford Motor by 38.2% during the first quarter. Convergence Investment Partners LLC now owns 143,191 shares of the auto manufacturer’s stock worth $1,652,000 after acquiring an additional 39,579 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its holdings in Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,230 shares in the last quarter. Commonwealth Financial Services LLC grew its stake in Ford Motor by 31.9% in the first quarter. Commonwealth Financial Services LLC now owns 14,500 shares of the auto manufacturer’s stock valued at $167,000 after acquiring an additional 3,505 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Ford Motor by 3.5% in the first quarter. Dimensional Fund Advisors LP now owns 47,442,901 shares of the auto manufacturer’s stock valued at $547,379,000 after acquiring an additional 1,585,557 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Key Ford Motor News

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: Ford is drawing bullish momentum attention from analysts, with one Zacks report highlighting the stock as a strong momentum name and another saying it may be set up to beat earnings expectations. Article Title Article Title
• Positive Sentiment: Ford joined a new alliance with BlackRock, Carhartt and Google to expand skilled workforce training, which could help support hiring and long-term manufacturing capacity. Article Title
• Neutral Sentiment: Coverage noting Ford has been trading higher than the broader market reflects improving short-term momentum, but it does not by itself change the company’s fundamentals. Article Title
• Neutral Sentiment: Articles about Ford workers allegedly being fired over snack theft are mostly reputational and labor-related headlines, but are unlikely to materially move the stock unless they signal broader labor issues. Article Title Article Title
• Negative Sentiment: Ford’s recall of nearly 388,000 vehicles over a second-row seat injury hazard is a negative development because it raises warranty, repair, and brand-risk concerns. Article Title
• Negative Sentiment: Broader commentary on the collapse of the U.S. EV industry could add pressure to Ford sentiment, since investors remain focused on losses in Ford’s EV segment. Article Title

Wall Street Analyst Weigh In

F has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a report on Wednesday, June 24th. Morgan Stanley reissued an “equal weight” rating and set a $14.00 target price on shares of Ford Motor in a research note on Wednesday, May 13th. UBS Group raised their target price on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, June 8th. TD Cowen cut their price target on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, May 1st. Finally, Zacks Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $14.79.

Ford Motor Price Performance

NYSE F opened at $14.42 on Thursday. The company has a market capitalization of $57.46 billion, a PE ratio of -9.30, a price-to-earnings-growth ratio of 0.32 and a beta of 1.82. Ford Motor Company has a 12-month low of $10.68 and a 12-month high of $17.78. The firm’s 50 day moving average is $14.40 and its 200-day moving average is $13.43. 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 (NYSE:F) last issued 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. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The firm had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. During the same period in the previous year, the firm posted $0.14 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Equities research analysts anticipate that Ford Motor Company will post 1.66 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.2%. Ford Motor’s payout ratio is -38.71%.

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.