Ford Motor Company $F Shares Acquired by State of Wyoming

State of Wyoming lifted its stake in shares of Ford Motor Company (NYSE:F) by 350.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 52,153 shares of the auto manufacturer’s stock after buying an additional 40,587 shares during the quarter. State of Wyoming’s holdings in Ford Motor were worth $684,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Grove Bank & Trust grew its position in shares of Ford Motor by 110.7% during 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 in the last quarter. Olistico Wealth LLC acquired a new position in shares of Ford Motor during the fourth quarter worth about $26,000. Johnson Financial Group Inc. grew its position in shares of Ford Motor by 55.4% during 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 in the last quarter. Murphy Middleton Hinkle & Parker Inc. acquired a new position in shares of Ford Motor during the fourth quarter worth about $29,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of Ford Motor during the third quarter worth about $32,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

F stock opened at $15.36 on Friday. The business has a 50 day moving average price of $13.06 and a 200 day moving average price of $13.21. The stock has a market cap of $61.18 billion, a price-to-earnings ratio of -9.91, a PEG ratio of 0.34 and a beta of 1.79. Ford Motor Company has a fifty-two week low of $10.03 and a fifty-two week high of $17.78. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $43.25 billion during the quarter, compared to analysts’ expectations of $42.66 billion. During the same quarter in the previous year, the business earned $0.14 earnings per share. The firm’s revenue was up 6.4% compared to the same quarter last year. Equities research analysts anticipate that Ford Motor Company will post 1.64 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a $0.15 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 3.9%. Ford Motor’s payout ratio is currently -38.71%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on F shares. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. Wall Street Zen cut Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. UBS Group decreased their target price on Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Bank of America boosted their target price on Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, Wells Fargo & Company decreased their target price on Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a research note on Tuesday, March 31st. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average target price of $14.20.

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.