Daiwa Securities Group Inc. Buys 128,940 Shares of Ford Motor (NYSE:F)

Daiwa Securities Group Inc. lifted its stake in Ford Motor (NYSE:F) by 35.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 489,769 shares of the auto manufacturer’s stock after buying an additional 128,940 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Ford Motor were worth $5,969,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of F. RB Capital Management LLC increased its holdings in shares of Ford Motor by 14.6% during the first quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock worth $462,000 after buying an additional 3,477 shares in the last quarter. Fairfield Bush & CO. acquired a new stake in Ford Motor during the 1st quarter valued at $37,000. Synovus Financial Corp raised its position in Ford Motor by 275.4% in the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after purchasing an additional 81,783 shares during the last quarter. Blair William & Co. IL boosted its stake in Ford Motor by 17.3% in the first quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock worth $5,509,000 after purchasing an additional 47,959 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in shares of Ford Motor by 3.0% during the first quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock worth $9,537,000 after purchasing an additional 16,498 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.7 %

Shares of Ford Motor stock opened at $12.15 on Friday. The business has a fifty day simple moving average of $12.59 and a 200 day simple moving average of $11.76. The stock has a market cap of $48.26 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 0.96 and a beta of 1.63. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.17. The company had revenue of $43.21 billion during the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.51 EPS. Research analysts predict that Ford Motor will post 1.89 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were issued a $0.33 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a yield of 4.7%. Ford Motor’s dividend payout ratio (DPR) is presently 55.56%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 7th. Citigroup boosted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Morgan Stanley increased their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Piper Sandler initiated coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective for the company. Finally, Redburn Atlantic initiated coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $13.82.

Insider Transactions at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.80% of the company’s stock.

Ford Motor Profile

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.