Ford Motor (NYSE:F) Shares Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Ford Motor (NYSE:F) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 360,361 shares of the auto manufacturer’s stock after purchasing an additional 4,500 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Ford Motor were worth $4,393,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Ford Motor by 835.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,839 shares in the last quarter. Milestone Investment Advisors LLC acquired a new position in Ford Motor during the third quarter worth about $27,000. Peoples Bank KS purchased a new stake in Ford Motor during the 3rd quarter valued at about $29,000. Provence Wealth Management Group acquired a new stake in Ford Motor in the 3rd quarter valued at about $31,000. Finally, Headinvest LLC purchased a new position in Ford Motor in the 3rd quarter worth approximately $31,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

F has been the subject of several recent research reports. Morgan Stanley increased their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. Barclays boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 7th. Citigroup increased their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Finally, UBS Group cut Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a report on Wednesday, January 17th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $13.82.

Ford Motor Trading Up 6.1 %

NYSE F opened at $12.88 on Tuesday. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. The firm has a market cap of $51.18 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.96 and a beta of 1.63. The firm has a 50 day simple moving average of $12.59 and a 200-day simple moving average of $11.76. Ford Motor has a one year low of $9.63 and a one year high of $15.42.

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

Ford Motor Announces Dividend

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were given a dividend of $0.33 per share. This represents a dividend yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio is presently 55.56%.

Ford Motor Company 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.