Canada Post Corp Registered Pension Plan Takes $630,000 Position in Ford Motor (NYSE:F)

Canada Post Corp Registered Pension Plan bought a new position in Ford Motor (NYSE:F - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 63,650 shares of the auto manufacturer's stock, valued at approximately $630,000.

A number of other large investors have also made changes to their positions in the company. XTX Topco Ltd increased its stake in shares of Ford Motor by 217.2% in the fourth quarter. XTX Topco Ltd now owns 324,389 shares of the auto manufacturer's stock worth $3,211,000 after purchasing an additional 222,131 shares in the last quarter. Belpointe Asset Management LLC lifted its position in shares of Ford Motor by 13.7% in the fourth quarter. Belpointe Asset Management LLC now owns 27,262 shares of the auto manufacturer's stock valued at $270,000 after acquiring an additional 3,292 shares in the last quarter. SageView Advisory Group LLC boosted its stake in shares of Ford Motor by 12.1% in the fourth quarter. SageView Advisory Group LLC now owns 42,131 shares of the auto manufacturer's stock worth $417,000 after acquiring an additional 4,547 shares during the period. Savvy Advisors Inc. increased its holdings in shares of Ford Motor by 36.4% in the 4th quarter. Savvy Advisors Inc. now owns 34,530 shares of the auto manufacturer's stock worth $342,000 after buying an additional 9,212 shares during the last quarter. Finally, BTG Pactual Asset Management US LLC bought a new position in shares of Ford Motor in the 4th quarter valued at about $109,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Up 2.4 %

Shares of F traded up $0.23 during midday trading on Friday, reaching $9.63. 129,148,157 shares of the stock were exchanged, compared to its average volume of 71,653,631. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The company's 50 day moving average is $9.60 and its two-hundred day moving average is $10.13. The company has a market capitalization of $38.16 billion, a P/E ratio of 6.59, a PEG ratio of 0.61 and a beta of 1.41. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.23%. Ford Motor's dividend payout ratio is presently 41.10%.

Analyst Ratings Changes

Several analysts recently weighed in on F shares. JPMorgan Chase & Co. decreased their price target on Ford Motor from $13.00 to $11.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and dropped their price target for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. UBS Group reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Barclays dropped their target price on Ford Motor from $10.00 to $8.00 and set an "equal weight" rating for the company in a research report on Tuesday. Finally, Wells Fargo & Company reduced their price target on Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a report on Thursday, February 6th. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor has a consensus rating of "Hold" and a consensus price target of $10.30.

Ford Motor 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.