Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 238,000 Shares of Ford Motor Company $F

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in Ford Motor Company (NYSE:F) by 29.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,045,760 shares of the auto manufacturer’s stock after buying an additional 238,000 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Ford Motor were worth $12,068,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Ford Motor during the 4th quarter valued at about $674,437,000. SBI Okasan Asset Management Co.Ltd. purchased a new stake in shares of Ford Motor in the 4th quarter valued at $1,769,000. TD Asset Management Inc grew its stake in shares of Ford Motor by 11.0% during the fourth quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer’s stock valued at $25,036,000 after buying an additional 189,310 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Ford Motor by 2.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock valued at $57,008,000 after acquiring an additional 103,423 shares during the period. Finally, World Investment Advisors boosted its holdings in Ford Motor by 222.5% during the 4th quarter. World Investment Advisors now owns 125,292 shares of the auto manufacturer’s stock valued at $1,644,000 after acquiring an additional 86,445 shares during the period. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the topic of a number of analyst reports. Wall Street Zen raised Ford Motor from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Royal Bank Of Canada reissued a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a research note on Friday, May 15th. Morgan Stanley reissued an “equal weight” rating and set a $14.00 price target on shares of Ford Motor in a research report on Wednesday, May 13th. The Goldman Sachs Group raised their price target on shares of Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, June 11th. Finally, UBS Group boosted their price objective on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $14.70.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $13.35 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The company has a market cap of $53.18 billion, a PE ratio of -8.61, a P/E/G ratio of 0.29 and a beta of 1.82. The business has a 50 day moving average of $13.97 and a 200 day moving average of $13.37. Ford Motor Company has a 52 week low of $10.68 and a 52 week high of $17.78.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 earnings per share. As a group, equities research analysts forecast that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. 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.