Mizuho Securities USA LLC Has $3.13 Million Stake in Ford Motor Company (NYSE:F)

Mizuho Securities USA LLC decreased its stake in Ford Motor Company (NYSE:F) by 15.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 311,679 shares of the auto manufacturer’s stock after selling 58,278 shares during the quarter. Mizuho Securities USA LLC’s holdings in Ford Motor were worth $3,126,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Federated Hermes Inc. lifted its holdings in shares of Ford Motor by 1.9% during the 4th quarter. Federated Hermes Inc. now owns 134,951 shares of the auto manufacturer’s stock valued at $1,336,000 after purchasing an additional 2,535 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Ford Motor by 37.0% during the 4th quarter. Bessemer Group Inc. now owns 37,414 shares of the auto manufacturer’s stock valued at $370,000 after purchasing an additional 10,095 shares in the last quarter. Sagespring Wealth Partners LLC bought a new position in shares of Ford Motor during the 4th quarter valued at about $212,000. BTG Pactual Asset Management US LLC bought a new position in shares of Ford Motor during the 4th quarter valued at about $109,000. Finally, Savvy Advisors Inc. lifted its holdings in shares of Ford Motor by 36.4% during the 4th quarter. Savvy Advisors Inc. now owns 34,530 shares of the auto manufacturer’s stock valued at $342,000 after purchasing an additional 9,212 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Up 0.5%

NYSE:F opened at $11.34 on Monday. The firm has a market capitalization of $45.13 billion, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 3.27 and a beta of 1.48. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $11.97. The stock’s 50 day moving average price is $11.00 and its two-hundred day moving average price is $10.26. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, topping the consensus estimate of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%. The company had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. During the same period in the previous year, the company posted $0.47 EPS. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. Equities research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Monday, August 11th. Ford Motor’s payout ratio is currently 76.92%.

Insider Activity at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the transaction, the insider directly owned 113,939 shares in the company, valued at approximately $1,253,329. The trade was a 20.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.48% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on F shares. Wolfe Research upgraded Ford Motor from an “underperform” rating to a “peer perform” rating in a report on Wednesday, April 30th. Barclays lifted their target price on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. The Goldman Sachs Group lifted their target price on Ford Motor from $9.00 to $10.00 and gave the company a “neutral” rating in a research report on Tuesday, May 6th. Citigroup lifted their target price on Ford Motor from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday, May 7th. Finally, Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $10.53.

About Ford Motor

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.