BI Asset Management Fondsmaeglerselskab A S Has $2.45 Million Stock Holdings in Ford Motor Company $F

BI Asset Management Fondsmaeglerselskab A S trimmed its position in shares of Ford Motor Company (NYSE:F) by 79.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 212,253 shares of the auto manufacturer’s stock after selling 802,134 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Ford Motor were worth $2,449,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Caxton Associates LLP bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $304,000. Empowered Funds LLC increased its position in shares of Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock valued at $1,482,000 after purchasing an additional 43,385 shares during the period. Jump Financial LLC acquired a new position in shares of Ford Motor in the second quarter valued at $172,000. NewEdge Advisors LLC raised its stake in shares of 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 purchasing an additional 55,741 shares in the last quarter. Finally, Treasurer of the State of North Carolina raised its stake in shares of Ford Motor by 1.5% in 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 purchasing an additional 26,526 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 0.5%

F stock opened at $14.04 on Wednesday. The business has a fifty day moving average price of $13.78 and a 200 day moving average price of $13.34. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. Ford Motor Company has a fifty-two week low of $10.42 and a fifty-two week high of $17.78. The stock has a market capitalization of $55.95 billion, a price-to-earnings ratio of -9.06, a P/E/G 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 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.14 earnings per share. Analysts expect that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Dividend Announcement

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

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent research reports. Zacks Research downgraded shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a research note on Tuesday, March 31st. Morgan Stanley reaffirmed an “equal weight” rating and set a $14.00 price objective on shares of Ford Motor in a report on Wednesday, May 13th. UBS Group lifted their target price on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Finally, Bank of America upped their target price on shares of Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Five equities research 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’s stock. According to data from MarketBeat, Ford Motor currently 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.