Ford Motor Company $F Stock Purchased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP grew its stake in shares of Ford Motor Company (NYSE:F) by 96.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 302,964 shares of the auto manufacturer’s stock after acquiring an additional 148,992 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Ford Motor were worth $3,726,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC raised its position in shares of Ford Motor by 0.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 314,706 shares of the auto manufacturer’s stock worth $3,861,000 after purchasing an additional 2,511 shares during the last quarter. M Holdings Securities Inc. purchased a new stake in Ford Motor during the 3rd quarter valued at about $659,000. Avantax Planning Partners Inc. increased its stake in Ford Motor by 9.6% during the 3rd quarter. Avantax Planning Partners Inc. now owns 24,172 shares of the auto manufacturer’s stock valued at $292,000 after purchasing an additional 2,110 shares in the last quarter. Brighton Jones LLC increased its stake in Ford Motor by 38.4% during the 3rd quarter. Brighton Jones LLC now owns 68,125 shares of the auto manufacturer’s stock valued at $822,000 after purchasing an additional 18,917 shares in the last quarter. Finally, Candriam S.C.A. raised its holdings in Ford Motor by 12.0% in the third quarter. Candriam S.C.A. now owns 335,442 shares of the auto manufacturer’s stock worth $4,060,000 after buying an additional 35,898 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Price Performance

NYSE F opened at $12.54 on Tuesday. Ford Motor Company has a one year low of $11.11 and a one year high of $17.78. The stock has a 50-day moving average of $12.72 and a 200 day moving average of $13.33. The company has a market capitalization of $49.99 billion, a price-to-earnings ratio of 7.45, a PEG ratio of 0.24 and a beta of 1.88. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.94 and a current ratio of 1.08.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.08. The business had revenue of $49.53 billion for the quarter, compared to analysts’ expectations of $49.08 billion. Ford Motor had a negative net margin of 4.17% and a positive return on equity of 18.89%. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 EPS. On average, sell-side analysts forecast that Ford Motor Company will post 1.90 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, November 10th. Ford Motor’s payout ratio is -30.46%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on F. Weiss Ratings upgraded shares of Ford Motor from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, November 4th. Piper Sandler raised their price target on shares of Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Dbs Bank upgraded shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a report on Tuesday, August 11th. Royal Bank Of Canada lowered their price objective on Ford Motor from $15.00 to $14.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 29th. Finally, TD Cowen increased their target price on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $15.02.

About Ford Motor

Ford Motor Company designs, manufactures, markets and services vehicles under the Ford and Lincoln brands. Its lineup includes cars, trucks, sport utility vehicles and commercial vehicles, as well as battery-electric and hybrid models. The company also provides vehicle-related services and financing through Ford Credit.

Ford serves customers in North America and markets around the world, including Europe, South America and the Asia-Pacific region. Its operations include vehicle development and manufacturing, sales and after-sales support, and services for commercial fleet customers.

Founded in 1903 by Henry Ford and other investors, the company helped popularize automobile manufacturing on a large scale.