Ford Motor Company $F Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. boosted its stake in shares of Ford Motor Company (NYSE:F) by 1.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 462,245,997 shares of the auto manufacturer’s stock after purchasing an additional 4,585,636 shares during the period. Vanguard Group Inc. owned approximately 11.61% of Ford Motor worth $5,015,369,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its position in Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock valued at $1,404,741,000 after acquiring an additional 10,947,527 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Ford Motor by 17.9% in the second quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock valued at $1,122,434,000 after acquiring an additional 15,748,694 shares in the last quarter. Pacer Advisors Inc. boosted its stake in Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock worth $492,253,000 after purchasing an additional 48,378,444 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Ford Motor by 32.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock valued at $318,365,000 after acquiring an additional 7,238,424 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Ford Motor in the first quarter valued at approximately $123,147,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the topic of a number of recent analyst reports. Piper Sandler upped their price objective on Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Wells Fargo & Company raised their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Friday, October 24th. Royal Bank Of Canada raised their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a report on Friday, October 24th. JPMorgan Chase & Co. upped their price objective 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, The Goldman Sachs Group lifted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, September 29th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus target price of $11.73.

Ford Motor Price Performance

NYSE:F opened at $12.90 on Thursday. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $13.97. The company’s 50-day moving average is $12.38 and its two-hundred day moving average is $11.50. The firm has a market cap of $51.38 billion, a price-to-earnings ratio of 11.12, a price-to-earnings-growth ratio of 4.03 and a beta of 1.60. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.07. The business had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The company’s 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. Research analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm 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 dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, November 7th. Ford Motor’s payout ratio is presently 51.72%.

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.