Ford Motor Company $F Shares Sold by APG Asset Management N.V.

APG Asset Management N.V. lessened its holdings in Ford Motor Company (NYSE:F) by 0.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,119,500 shares of the auto manufacturer’s stock after selling 15,100 shares during the quarter. APG Asset Management N.V. owned about 0.05% of Ford Motor worth $19,680,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Smartleaf Asset Management LLC increased its holdings in Ford Motor by 40.3% in the 1st quarter. Smartleaf Asset Management LLC now owns 51,398 shares of the auto manufacturer’s stock worth $500,000 after buying an additional 14,776 shares during the period. Strategies Wealth Advisors LLC acquired a new position in Ford Motor in the 1st quarter worth approximately $240,000. Allstate Corp increased its holdings in Ford Motor by 20.9% in the 1st quarter. Allstate Corp now owns 140,387 shares of the auto manufacturer’s stock worth $1,408,000 after buying an additional 24,271 shares during the period. Compound Planning Inc. increased its holdings in Ford Motor by 105.1% in the 1st quarter. Compound Planning Inc. now owns 39,845 shares of the auto manufacturer’s stock worth $400,000 after buying an additional 20,415 shares during the period. Finally, Norinchukin Bank The lifted its holdings in shares of Ford Motor by 14.4% in the 1st quarter. Norinchukin Bank The now owns 194,197 shares of the auto manufacturer’s stock valued at $1,948,000 after buying an additional 24,389 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Transactions at Ford Motor

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on F shares. UBS Group boosted their price objective on Ford Motor from $9.00 to $11.00 and gave the company a “neutral” rating in a report on Monday, July 14th. The Goldman Sachs Group boosted their price objective on Ford Motor from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Tuesday, May 6th. Barclays raised their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 16th. Piper Sandler raised their price objective on shares of Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. Finally, Jefferies Financial Group raised their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the stock an “underperform” rating in a research note on Monday, August 11th. Two analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Reduce” and a consensus target price of $10.53.

Ford Motor Price Performance

Ford Motor stock opened at $11.7230 on Monday. The company’s fifty day moving average price is $11.22 and its 200 day moving average price is $10.35. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $11.97. The stock has a market capitalization of $46.66 billion, a P/E ratio of 15.03, a P/E/G ratio of 3.36 and a beta of 1.48. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The firm had revenue of $50.18 billion for the quarter, compared to analysts’ expectations of $42.91 billion. During the same quarter last year, the company earned $0.47 EPS. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 5.1%. Ford Motor’s dividend payout ratio (DPR) is currently 76.92%.

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.