United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Takes Position in Ford Motor Company $F

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Ford Motor Company (NYSE:F) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,363,539 shares of the auto manufacturer’s stock, valued at approximately $17,890,000.

Several other hedge funds have also recently made changes to their positions in F. DLD Asset Management LP acquired a new position in shares of Ford Motor in the 3rd quarter valued at $299,000,000. Marshall Wace LLP increased its position in shares of Ford Motor by 81.1% in the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock valued at $423,847,000 after acquiring an additional 15,866,285 shares during the period. Jacobs Levy Equity Management Inc. increased its position in shares of Ford Motor by 190.7% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,006,776 shares of the auto manufacturer’s stock valued at $131,641,000 after acquiring an additional 7,220,686 shares during the period. Vanguard Group Inc. increased its position in shares of Ford Motor by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock valued at $5,592,708,000 after acquiring an additional 5,371,758 shares during the period. Finally, Franklin Resources Inc. increased its position in shares of Ford Motor by 235.5% in the 3rd quarter. Franklin Resources Inc. now owns 4,654,684 shares of the auto manufacturer’s stock valued at $55,670,000 after acquiring an additional 3,267,209 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of F opened at $16.71 on Friday. The business’s 50-day moving average is $12.60 and its two-hundred day moving average is $13.10. The company has a market capitalization of $66.56 billion, a P/E ratio of -10.78, a P/E/G ratio of 0.35 and a beta of 1.65. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. Ford Motor Company has a fifty-two week low of $9.88 and a fifty-two week high of $16.75.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping 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 business had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter in the prior year, the firm posted $0.14 earnings per share. The company’s revenue was up 6.4% compared to the same quarter last year. Research analysts predict that Ford Motor Company will post 1.6 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.6%. Ford Motor’s dividend payout ratio (DPR) is -38.71%.

Analyst Upgrades and Downgrades

F has been the topic of several research reports. Royal Bank Of Canada reissued a “sector perform” rating and issued a $13.00 target price on shares of Ford Motor in a research report on Friday, May 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Citigroup cut their target price on Ford Motor from $13.50 to $13.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Finally, TD Cowen cut their price target on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $13.56.

Ford Motor Company Profile

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.