1,203,619 Shares in Ford Motor Company $F Bought by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in shares of Ford Motor Company (NYSE:F) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,203,619 shares of the auto manufacturer’s stock, valued at approximately $15,791,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in F. Caxton Associates LLP acquired a new stake in shares of Ford Motor during the first quarter worth $304,000. Empowered Funds LLC raised its holdings in shares of Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after acquiring an additional 43,385 shares during the period. Jump Financial LLC acquired a new stake in shares of Ford Motor during the second quarter worth $172,000. NewEdge Advisors LLC raised its holdings in shares of Ford Motor by 26.3% during the second quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock worth $2,907,000 after acquiring an additional 55,741 shares during the period. Finally, Treasurer of the State of North Carolina raised its holdings in shares of Ford Motor by 1.5% during the second quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock worth $19,786,000 after acquiring an additional 26,526 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on F shares. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a report on Tuesday, March 31st. Bank of America raised their target price on shares of Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, May 29th. TD Cowen decreased their target price on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, May 1st. Citigroup raised their target price on shares of Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a research report on Monday, June 1st. Finally, Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.20.

Ford Motor Stock Performance

Shares of F opened at $14.91 on Friday. The firm has a 50-day moving average of $13.12 and a 200-day moving average of $13.22. Ford Motor Company has a one year low of $10.15 and a one year high of $17.78. The company has a market cap of $59.39 billion, a PE ratio of -9.62, a price-to-earnings-growth ratio of 0.33 and a beta of 1.79. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating 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 company had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter last year, the firm posted $0.14 EPS. The company’s quarterly revenue was up 6.4% on a year-over-year basis. As a group, equities analysts forecast that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is -38.71%.

About Ford Motor

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.