Ford Motor Company $F Shares Sold by KBC Group NV

KBC Group NV reduced its position in shares of Ford Motor Company (NYSE:F) by 79.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 758,007 shares of the auto manufacturer’s stock after selling 2,979,859 shares during the quarter. KBC Group NV’s holdings in Ford Motor were worth $8,225,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of F. National Pension Service boosted its stake in shares of Ford Motor by 0.6% during the 2nd quarter. National Pension Service now owns 7,588,634 shares of the auto manufacturer’s stock worth $82,337,000 after acquiring an additional 44,354 shares in the last quarter. Vise Technologies Inc. purchased a new stake in shares of Ford Motor during the second quarter valued at $1,005,000. Allworth Financial LP boosted its position in shares of Ford Motor by 81.9% in the 2nd quarter. Allworth Financial LP now owns 513,521 shares of the auto manufacturer’s stock valued at $5,572,000 after purchasing an additional 231,267 shares during the period. Cypress Capital LLC purchased a new position in Ford Motor in the 2nd quarter worth about $31,000. Finally, Fidelis Capital Partners LLC raised its holdings in Ford Motor by 7.7% during the 2nd quarter. Fidelis Capital Partners LLC now owns 13,910 shares of the auto manufacturer’s stock worth $156,000 after buying an additional 994 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $13.20 on Friday. The firm has a market cap of $52.58 billion, a PE ratio of 11.38, a price-to-earnings-growth ratio of 4.03 and a beta of 1.60. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. The stock’s fifty day moving average price is $12.30 and its two-hundred day moving average price is $11.43. Ford Motor Company has a one year low of $8.44 and a one year high of $13.97.

Ford Motor (NYSE:F) last released its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.07. The company had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.Ford Motor’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 EPS. As a group, research analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be given a $0.15 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 4.5%. Ford Motor’s payout ratio is presently 51.72%.

Analyst Upgrades and Downgrades

F has been the topic of several analyst reports. Wells Fargo & Company lifted their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Friday, October 24th. Dbs Bank cut shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Piper Sandler increased their target price on Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a report on Friday, October 24th. JPMorgan Chase & Co. raised their target price on Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, Barclays upped their price target on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Monday, October 27th. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $11.73.

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.