Carson Advisory Inc. Increases Position in Ford Motor (NYSE:F)

Carson Advisory Inc. raised its holdings in shares of Ford Motor (NYSE:FFree Report) by 28.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 58,892 shares of the auto manufacturer’s stock after purchasing an additional 13,187 shares during the quarter. Carson Advisory Inc.’s holdings in Ford Motor were worth $782,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of F. Norges Bank bought a new position in Ford Motor in the fourth quarter worth approximately $475,899,000. Coatue Management LLC bought a new position in Ford Motor in the fourth quarter worth approximately $149,152,000. Newport Trust Company LLC raised its stake in Ford Motor by 4.5% in the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after buying an additional 6,667,808 shares in the last quarter. Fisher Asset Management LLC raised its stake in Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after buying an additional 3,522,965 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of Ford Motor by 1,084.8% during the fourth quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock worth $32,876,000 after purchasing an additional 2,469,344 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 2.1 %

NYSE:F traded up $0.27 during midday trading on Wednesday, hitting $13.17. 36,270,555 shares of the company were exchanged, compared to its average volume of 50,632,863. The company has a fifty day simple moving average of $12.22 and a 200 day simple moving average of $12.28. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.42. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. The company has a market capitalization of $52.58 billion, a PE ratio of 13.34, a price-to-earnings-growth ratio of 0.84 and a beta of 1.62.

Ford Motor (NYSE:FGet Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. During the same period last year, the business earned $0.63 EPS. Ford Motor’s revenue for the quarter was up 3.1% compared to the same quarter last year. As a group, equities analysts anticipate that Ford Motor will post 2.02 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.56%. Ford Motor’s dividend payout ratio is presently 61.86%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on F. Royal Bank of Canada upped their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. Sanford C. Bernstein started coverage on Ford Motor in a research report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target on the stock. Piper Sandler started coverage on shares of Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective on the stock. Citigroup boosted their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Finally, Barclays boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $13.89.

View Our Latest Research Report on Ford Motor

Insider Buying and Selling at Ford Motor

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction on Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the transaction, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.40% of the stock is currently owned by company insiders.

Ford Motor Company Profile

(Free Report)

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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