Ford Motor Company $F Position Raised by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S raised its stake in Ford Motor Company (NYSE:F) by 58.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,014,387 shares of the auto manufacturer’s stock after buying an additional 372,496 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Ford Motor were worth $13,309,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of F. Vanguard Group Inc. grew its position in Ford Motor by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after purchasing an additional 4,087,699 shares in the last quarter. Geode Capital Management LLC grew its position in Ford Motor by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock worth $1,394,697,000 after purchasing an additional 1,255,349 shares in the last quarter. Norges Bank purchased a new position in Ford Motor during the 4th quarter worth approximately $674,437,000. Bank of New York Mellon Corp grew its position in Ford Motor by 26.9% during the 4th quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock worth $500,572,000 after purchasing an additional 8,086,564 shares in the last quarter. Finally, Marshall Wace LLP grew its position in Ford Motor by 81.1% during the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after purchasing an additional 15,866,285 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the topic of several research analyst reports. Bank of America boosted their price target on shares of Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a report on Friday, May 29th. The Goldman Sachs Group lowered their price target on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. TD Cowen lowered their price target on shares of 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 lowered their price target on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Morgan Stanley restated an “equal weight” rating and set a $14.00 price target on shares of Ford Motor in a report on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $14.20.

Ford Motor Trading Down 2.8%

Shares of NYSE:F opened at $14.91 on Friday. The stock has a market capitalization of $59.39 billion, a PE ratio of -9.62, a P/E/G ratio of 0.32 and a beta of 1.79. Ford Motor Company has a 1 year low of $10.15 and a 1 year high of $17.78. The firm has a fifty day moving average price of $13.12 and a 200 day moving average price of $13.22. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The firm had revenue of $43.25 billion during the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. Ford Motor’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.14 earnings per share. Analysts expect that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were issued a $0.15 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.0%. Ford Motor’s dividend payout ratio is currently -38.71%.

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.