Ford Motor Company $F Shares Bought by National Pension Service

National Pension Service raised its stake in Ford Motor Company (NYSE:F) by 6.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,099,060 shares of the auto manufacturer’s stock after purchasing an additional 510,426 shares during the period. National Pension Service owned 0.20% of Ford Motor worth $96,865,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of F. Norges Bank acquired a new position in shares of Ford Motor in the 2nd quarter worth approximately $405,328,000. Marshall Wace LLP lifted its stake in Ford Motor by 712.7% during the second quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock worth $212,361,000 after purchasing an additional 17,164,234 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Ford Motor by 17.9% in the second quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock worth $1,122,434,000 after purchasing an additional 15,748,694 shares during the period. Bank of New York Mellon Corp increased its stake in Ford Motor by 32.7% during the second quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock valued at $318,365,000 after purchasing an additional 7,238,424 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Ford Motor by 3.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock worth $1,575,118,000 after purchasing an additional 5,118,228 shares during the period. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

F has been the subject of several research reports. TD Cowen lifted their price target on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. Royal Bank Of Canada raised their target price on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a report on Friday, October 24th. Wells Fargo & Company upped their target price on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Friday, October 24th. Barclays increased their price target on 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, Wall Street Zen upgraded Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, December 27th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $13.19.

Ford Motor Trading Down 1.0%

Shares of F stock opened at $13.87 on Friday. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $14.50. The firm has a market capitalization of $55.25 billion, a PE ratio of 11.95, a price-to-earnings-growth ratio of 5.92 and a beta of 1.62. The stock has a fifty day moving average of $13.48 and a two-hundred day moving average of $12.49. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12.

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.