Ford Motor Company $F Holdings Boosted by Strs Ohio

Strs Ohio raised its stake in Ford Motor Company (NYSE:F) by 25.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,638,075 shares of the auto manufacturer’s stock after acquiring an additional 332,260 shares during the period. Strs Ohio’s holdings in Ford Motor were worth $18,903,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Keybank National Association OH boosted its position in Ford Motor by 28.0% during the 1st quarter. Keybank National Association OH now owns 199,452 shares of the auto manufacturer’s stock valued at $2,302,000 after purchasing an additional 43,603 shares during the period. Stock Yards Bank & Trust Co. increased its position in Ford Motor by 41.4% in the first quarter. Stock Yards Bank & Trust Co. now owns 19,233 shares of the auto manufacturer’s stock worth $222,000 after buying an additional 5,633 shares during the period. Capital Asset Advisory Services LLC bought a new stake in Ford Motor in the first quarter valued at $137,000. Essex Financial Services Inc. lifted its stake in Ford Motor by 11.8% in the first quarter. Essex Financial Services Inc. now owns 38,571 shares of the auto manufacturer’s stock valued at $445,000 after buying an additional 4,078 shares during the last quarter. Finally, Semus Wealth Partners LLC acquired a new position in shares of Ford Motor during the first quarter valued at $127,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

Shares of F opened at $13.35 on Friday. The firm has a 50-day moving average price of $13.97 and a 200 day moving average price of $13.37. The firm has a market capitalization of $53.18 billion, a PE ratio of -8.61, a P/E/G ratio of 0.29 and a beta of 1.82. 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 52-week low of $10.68 and a 52-week high of $17.78.

Ford Motor (NYSE:F) last released its quarterly earnings results 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 the consensus estimate 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 was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.14 EPS. On average, sell-side analysts anticipate that Ford Motor Company will post 1.64 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were issued 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 yield of 4.5%. Ford Motor’s payout ratio is presently -38.71%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a report on Friday, May 15th. Morgan Stanley restated an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a research report on Wednesday, May 13th. Citigroup raised their price target on shares of Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. The Goldman Sachs Group boosted their price objective on Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. Finally, Bank of America increased their price objective on Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a report 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 MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $14.70.

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.