StoneX Group Inc. Grows Stock Holdings in Ford Motor (NYSE:F)

StoneX Group Inc. boosted its stake in Ford Motor (NYSE:F) by 48.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,373 shares of the auto manufacturer’s stock after acquiring an additional 10,533 shares during the period. StoneX Group Inc.’s holdings in Ford Motor were worth $320,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in F. Franklin Resources Inc. raised its stake in shares of Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after purchasing an additional 336,720 shares during the last quarter. NCP Inc. raised its position in Ford Motor by 62.0% during the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock worth $738,000 after buying an additional 28,528 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after acquiring an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new stake in shares of Ford Motor in the third quarter valued at about $55,456,000. Finally, Alberta Investment Management Corp increased its stake in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock worth $1,941,000 after acquiring an additional 91,300 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on F. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. JPMorgan Chase & Co. decreased their price target on Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Piper Sandler decreased their target price on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a research report on Thursday, March 20th. Finally, TD Cowen began coverage on shares of Ford Motor in a research note on Friday, March 7th. They issued a “hold” rating and a $10.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $11.37.

Ford Motor Stock Performance

Ford Motor stock opened at $10.14 on Thursday. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The company has a market capitalization of $40.19 billion, a price-to-earnings ratio of 6.95, a PEG ratio of 0.61 and a beta of 1.59. The stock has a fifty day moving average of $9.74 and a two-hundred day moving average of $10.27. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.92%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is 41.10%.

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.