Swedbank AB Buys 68,314 Shares of Ford Motor Company $F

Swedbank AB lifted its stake in Ford Motor Company (NYSE:F) by 6.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,160,585 shares of the auto manufacturer’s stock after buying an additional 68,314 shares during the quarter. Swedbank AB’s holdings in Ford Motor were worth $15,227,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Grove Bank & Trust raised its stake in shares of Ford Motor by 110.7% in the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,000 shares during the period. Olistico Wealth LLC bought a new position in shares of Ford Motor in the fourth quarter worth about $26,000. Murphy Middleton Hinkle & Parker Inc. bought a new position in shares of Ford Motor in the fourth quarter worth about $29,000. Johnson Financial Group Inc. raised its stake in shares of Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after buying an additional 837 shares during the period. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of Ford Motor in the third quarter worth about $32,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on F. Citigroup decreased their price objective on Ford Motor from $13.50 to $13.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. Wells Fargo & Company decreased their target price on Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 31st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $13.00 target price on shares of Ford Motor in a research note on Friday, May 15th. Five equities research 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 data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $13.56.

Ford Motor Stock Performance

NYSE:F opened at $14.93 on Tuesday. 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 Company has a 1 year low of $9.88 and a 1 year high of $14.95. The stock’s 50 day simple moving average is $12.35 and its two-hundred day simple moving average is $13.04. The company has a market cap of $59.47 billion, a price-to-earnings ratio of -9.63, a PEG ratio of 0.33 and a beta of 1.65.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter in the previous year, the company posted $0.14 EPS. The company’s revenue was up 6.4% compared to the same quarter last year. As a group, equities analysts anticipate that Ford Motor Company will post 1.6 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.0%. Ford Motor’s payout ratio is presently -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.