Ford Motor Company $F Shares Acquired by Strs Ohio

Strs Ohio boosted its position in shares of Ford Motor Company (NYSE:F) by 25.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,638,075 shares of the auto manufacturer’s stock after buying an additional 332,260 shares during the quarter. Strs Ohio’s holdings in Ford Motor were worth $18,903,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of F. Norges Bank acquired a new position in Ford Motor in the fourth quarter worth approximately $674,437,000. SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of Ford Motor during the 4th quarter valued at $1,769,000. TD Asset Management Inc boosted its stake in shares of Ford Motor by 11.0% during the 4th quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer’s stock worth $25,036,000 after acquiring an additional 189,310 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Ford Motor by 2.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock worth $57,008,000 after acquiring an additional 103,423 shares in the last quarter. Finally, World Investment Advisors grew its holdings in shares of Ford Motor by 222.5% in the 4th quarter. World Investment Advisors now owns 125,292 shares of the auto manufacturer’s stock worth $1,644,000 after acquiring an additional 86,445 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE:F opened at $13.35 on Friday. The company’s fifty day moving average is $13.97 and its two-hundred day moving average is $13.37. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. Ford Motor Company has a 12-month low of $10.68 and a 12-month high of $17.78. The company has a market cap of $53.18 billion, a P/E ratio of -8.61, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping the consensus estimate of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business had revenue of $43.25 billion during the quarter, compared to analysts’ expectations of $42.66 billion. During the same quarter last year, the firm posted $0.14 earnings per share. Ford Motor’s revenue was up 6.4% compared to the same quarter last year. Equities analysts expect that Ford Motor Company will post 1.64 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio is currently -38.71%.

Wall Street Analyst Weigh In

F has been the topic of a number of recent analyst reports. UBS Group boosted their target price on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Citigroup increased their price target on Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a research report on Monday, June 1st. Bank of America lifted their price target on Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Wells Fargo & Company upped their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Thursday, June 25th. Finally, 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 report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.70.

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.