Alaska Permanent Fund Corp Acquires 7,882 Shares of Ford Motor (NYSE:F)

Alaska Permanent Fund Corp increased its holdings in shares of Ford Motor (NYSE:F) by 4.6% in the fourth quarter, HoldingsChannel reports. The firm owned 177,582 shares of the auto manufacturer’s stock after buying an additional 7,882 shares during the period. Alaska Permanent Fund Corp’s holdings in Ford Motor were worth $2,165,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Ford Motor by 835.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares during the period. Milestone Investment Advisors LLC bought a new stake in shares of Ford Motor during the third quarter worth approximately $27,000. Peoples Bank KS bought a new stake in shares of Ford Motor during the third quarter worth approximately $29,000. Provence Wealth Management Group acquired a new stake in shares of Ford Motor in the third quarter valued at approximately $31,000. Finally, Headinvest LLC acquired a new stake in shares of Ford Motor in the third quarter valued at approximately $31,000. Institutional investors own 58.74% of the company’s stock.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the sale, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on F shares. Royal Bank of Canada lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday. UBS Group lifted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday. Citigroup boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Redburn Atlantic initiated coverage on shares of Ford Motor in a research report on Wednesday, January 24th. They set a “sell” rating and a $10.00 price objective for the company. Finally, Piper Sandler initiated coverage on shares of Ford Motor in a research report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $14.02.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $13.02 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The stock has a market cap of $51.74 billion, a price-to-earnings ratio of 13.44, a P/E/G ratio of 1.02 and a beta of 1.63. The company’s fifty day moving average is $12.61 and its 200 day moving average is $11.79.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.07. The company had revenue of $42.78 billion for the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.56%. Ford Motor’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.63 earnings per share. Sell-side analysts forecast that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.61%. Ford Motor’s dividend payout ratio (DPR) is currently 61.86%.

Ford Motor Company 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.