UniSuper Management Pty Ltd trimmed its position in Ford Motor (NYSE:F - Free Report) by 13.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 336,179 shares of the auto manufacturer's stock after selling 50,124 shares during the period. UniSuper Management Pty Ltd's holdings in Ford Motor were worth $3,328,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of F. Hager Investment Management Services LLC acquired a new position in Ford Motor during the fourth quarter worth about $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Ford Motor in the fourth quarter valued at approximately $29,000. Flagship Wealth Advisors LLC acquired a new position in Ford Motor during the fourth quarter worth $30,000. Kentucky Trust Co purchased a new stake in Ford Motor in the 4th quarter valued at $31,000. Finally, Crewe Advisors LLC increased its stake in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock worth $33,000 after acquiring an additional 2,068 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
F has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Ford Motor from $13.00 to $11.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. Piper Sandler reduced their price target on shares of Ford Motor from $13.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, March 20th. Wells Fargo & Company lowered their price objective on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. Barclays downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Finally, Wolfe Research reiterated an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Ford Motor has an average rating of "Hold" and a consensus price target of $11.37.
Get Our Latest Research Report on Ford Motor
Ford Motor Stock Down 1.9 %
NYSE:F traded down $0.20 during midday trading on Tuesday, reaching $9.84. The company had a trading volume of 101,098,041 shares, compared to its average volume of 100,251,781. Ford Motor has a 12-month low of $9.06 and a 12-month high of $14.85. The firm has a market capitalization of $38.98 billion, a price-to-earnings ratio of 6.73, a PEG ratio of 0.61 and a beta of 1.59. 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 stock's fifty day simple moving average is $9.75 and its 200-day simple moving average is $10.27.
Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.10%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio (DPR) is presently 41.10%.
Ford Motor Profile
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Free Report)
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.
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