Ossiam Purchases 36,781 Shares of Ford Motor Company $F

Ossiam increased its holdings in shares of Ford Motor Company (NYSE:F) by 125.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,056 shares of the auto manufacturer’s stock after acquiring an additional 36,781 shares during the period. Ossiam’s holdings in Ford Motor were worth $717,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Ford Motor by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 462,245,997 shares of the auto manufacturer’s stock valued at $5,015,369,000 after purchasing an additional 4,585,636 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Ford Motor by 3.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock valued at $1,575,118,000 after buying an additional 5,118,228 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Ford Motor by 17.9% during 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 buying an additional 15,748,694 shares during the last quarter. Norges Bank purchased a new position in Ford Motor in the 2nd quarter worth about $405,328,000. Finally, Legal & General Group Plc raised its position in Ford Motor by 3.3% in the 2nd quarter. Legal & General Group Plc now owns 34,301,362 shares of the auto manufacturer’s stock worth $372,170,000 after buying an additional 1,104,139 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the subject of a number of research analyst reports. Citigroup lifted their price target on shares of Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a research note on Monday, October 27th. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their target price for the stock from $9.00 to $12.00 in a report on Monday, October 6th. Piper Sandler boosted their target price on shares of Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Wells Fargo & Company raised their price target on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research note on Friday, October 24th. Finally, Evercore ISI lifted their price objective on Ford Motor from $10.00 to $12.00 and gave the stock an “in-line” rating in a report on Monday, November 24th. Three investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $12.04.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $13.62 on Friday. The stock has a market cap of $54.27 billion, a P/E ratio of 11.74 and a beta of 1.60. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. The stock’s fifty day moving average is $12.79 and its 200 day moving average is $11.78. 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 quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business had revenue of $50.53 billion during the quarter, compared to analyst estimates of $43.08 billion. During the same quarter in the previous year, the company posted $0.49 earnings per share. Ford Motor’s revenue for the quarter was up 9.4% on a year-over-year basis. Sell-side analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.4%. Ford Motor’s dividend payout ratio (DPR) is presently 51.72%.

Ford Motor Company 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.