United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Takes $17.89 Million Position in Ford Motor Company $F

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of Ford Motor Company (NYSE:F) during the fourth quarter, Holdings Channel.com reports. The fund bought 1,363,539 shares of the auto manufacturer’s stock, valued at approximately $17,890,000.

A number of other institutional investors have also recently modified their holdings of F. Jupiter Asset Management Ltd. purchased a new position in Ford Motor in the 4th quarter valued at about $476,000. Moors & Cabot Inc. lifted its stake in Ford Motor by 3.4% in the 4th quarter. Moors & Cabot Inc. now owns 47,770 shares of the auto manufacturer’s stock valued at $627,000 after buying an additional 1,573 shares in the last quarter. Foundations Investment Advisors LLC lifted its stake in Ford Motor by 4.0% in the 4th quarter. Foundations Investment Advisors LLC now owns 77,531 shares of the auto manufacturer’s stock valued at $1,017,000 after buying an additional 3,001 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in Ford Motor by 10.8% in the 4th quarter. Kingsview Wealth Management LLC now owns 170,725 shares of the auto manufacturer’s stock valued at $2,240,000 after buying an additional 16,632 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Ford Motor by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after buying an additional 1,255,349 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

F has been the topic of a number of research reports. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Citigroup decreased 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. TD Cowen decreased 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. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $13.00 price target on shares of Ford Motor in a research note on Friday, May 15th. Finally, The Goldman Sachs Group decreased 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 analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $13.56.

Ford Motor Trading Up 5.2%

F opened at $16.71 on Friday. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The company’s 50 day simple moving average is $12.60 and its two-hundred day simple moving average is $13.10. Ford Motor Company has a 1-year low of $9.88 and a 1-year high of $16.75. The firm has a market capitalization of $66.56 billion, a price-to-earnings ratio of -10.78, a price-to-earnings-growth ratio of 0.35 and a beta of 1.65.

Ford Motor (NYSE:F) last released 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. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. During the same period last year, the company posted $0.14 EPS. The business’s revenue was up 6.4% on a year-over-year basis. Analysts expect that Ford Motor Company will post 1.6 EPS for the current fiscal year.

Ford Motor Announces Dividend

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

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.