Kepler Cheuvreux Suisse SA Makes New $929,000 Investment in Ford Motor Company $F

Kepler Cheuvreux Suisse SA acquired a new stake in Ford Motor Company (NYSE:F) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 80,498 shares of the auto manufacturer’s stock, valued at approximately $929,000.

A number of other hedge funds have also made changes to their positions in the stock. Koshinski Asset Management Inc. lifted its position in Ford Motor by 3.5% in the first quarter. Koshinski Asset Management Inc. now owns 60,342 shares of the auto manufacturer’s stock worth $696,000 after purchasing an additional 2,044 shares during the period. Geremia Financial Services LLC boosted its stake in Ford Motor by 4.8% during the 1st quarter. Geremia Financial Services LLC now owns 830,700 shares of the auto manufacturer’s stock valued at $9,586,000 after purchasing an additional 37,700 shares in the last quarter. IRON Financial LLC acquired a new position in shares of Ford Motor during the 1st quarter valued at $310,000. Carter Financial Group INC. bought a new stake in shares of Ford Motor in the 1st quarter worth $123,000. Finally, Turtle Creek Wealth Advisors LLC raised its stake in shares of Ford Motor by 27.0% in the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 39,996 shares of the auto manufacturer’s stock worth $462,000 after buying an additional 8,503 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on F. UBS Group raised their target price on Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. Bank of America upped 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. Wells Fargo & Company raised their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Finally, The Goldman Sachs Group lifted their price objective on shares of Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $14.70.

Ford Motor Stock Performance

F opened at $13.35 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The firm has a market cap 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 business has a fifty day simple moving average of $13.97 and a 200-day simple moving average of $13.37. Ford Motor Company has a fifty-two week low of $10.68 and a fifty-two week high of $17.78.

Ford Motor (NYSE:F) last announced its earnings results 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. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The company had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. During the same period in the previous year, the firm earned $0.14 earnings per share. Ford Motor’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, equities analysts predict that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.5%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s payout ratio is presently -38.71%.

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.