133,200 Shares in Ford Motor Company $F Purchased by SBI Okasan Asset Management Co.Ltd.

SBI Okasan Asset Management Co.Ltd. purchased a new stake in Ford Motor Company (NYSE:F) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 133,200 shares of the auto manufacturer’s stock, valued at approximately $1,769,000.

Several other large investors also recently made changes to their positions in the company. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Ford Motor in the fourth quarter valued at approximately $17,890,000. Jupiter Asset Management Ltd. acquired a new stake in shares of Ford Motor in the fourth quarter valued at approximately $476,000. Moors & Cabot Inc. increased its stake in shares of Ford Motor by 3.4% in the fourth quarter. Moors & Cabot Inc. now owns 47,770 shares of the auto manufacturer’s stock valued at $627,000 after purchasing an additional 1,573 shares during the period. Foundations Investment Advisors LLC increased its stake in shares of Ford Motor by 4.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 77,531 shares of the auto manufacturer’s stock valued at $1,017,000 after purchasing an additional 3,001 shares during the period. Finally, Kingsview Wealth Management LLC increased its stake in shares of Ford Motor by 10.8% in the fourth quarter. Kingsview Wealth Management LLC now owns 170,725 shares of the auto manufacturer’s stock valued at $2,240,000 after purchasing an additional 16,632 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 5.2%

Shares of NYSE:F opened at $16.71 on Friday. The stock has a market capitalization of $66.56 billion, a price-to-earnings ratio of -10.78, a PEG ratio of 0.35 and a beta of 1.65. Ford Motor Company has a 1-year low of $9.88 and a 1-year high of $16.75. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. The company has a 50 day moving average price of $12.60 and a 200 day moving average price of $13.10.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The firm had revenue of $43.25 billion during the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $0.14 earnings per share. On average, research analysts anticipate that Ford Motor Company will post 1.6 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 3.6%. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.

Analysts Set New Price Targets

Several equities research analysts have commented on F shares. Citigroup dropped their price target on shares of Ford Motor from $13.50 to $13.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Wells Fargo & Company dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 31st. Bank of America started coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price target on the stock. TD Cowen dropped their price target on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, May 1st. Finally, The Goldman Sachs Group dropped their price target on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus price target of $13.56.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.