ING Groep NV Purchases 256,127 Shares of Ford Motor Company $F

ING Groep NV raised its position in Ford Motor Company (NYSE:F) by 2,406.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 266,771 shares of the auto manufacturer’s stock after acquiring an additional 256,127 shares during the period. ING Groep NV’s holdings in Ford Motor were worth $3,191,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. Caxton Associates LLP purchased a new stake in Ford Motor during the 1st quarter worth approximately $304,000. Empowered Funds LLC lifted its position in Ford Motor by 41.6% during the 1st quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after acquiring an additional 43,385 shares during the period. MGO One Seven LLC grew its stake in Ford Motor by 74.7% during the 2nd quarter. MGO One Seven LLC now owns 91,275 shares of the auto manufacturer’s stock valued at $990,000 after purchasing an additional 39,041 shares during the last quarter. TD Asset Management Inc increased its holdings in shares of Ford Motor by 2.5% in the second quarter. TD Asset Management Inc now owns 1,734,334 shares of the auto manufacturer’s stock valued at $18,818,000 after purchasing an additional 41,715 shares during the period. Finally, Sagespring Wealth Partners LLC raised its stake in shares of Ford Motor by 49.8% in the second quarter. Sagespring Wealth Partners LLC now owns 53,157 shares of the auto manufacturer’s stock worth $577,000 after purchasing an additional 17,666 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Citigroup raised their price target on shares of Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a research report on Monday, October 27th. TD Cowen boosted their target price on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Tuesday, January 13th. HSBC increased their price target on Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Wall Street Zen cut Ford Motor from a “buy” rating to a “sell” rating in a report on Saturday. Finally, Morgan Stanley upped their target price on Ford Motor from $11.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average target price of $13.02.

Ford Motor Stock Up 0.7%

F opened at $14.10 on Friday. The company has a fifty day moving average of $13.62 and a two-hundred day moving average of $12.66. The stock has a market capitalization of $56.16 billion, a price-to-earnings ratio of -6.84, a PEG ratio of 5.93 and a beta of 1.66. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $14.50. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.98 and a current ratio of 1.07.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, February 10th. The auto manufacturer reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The firm had revenue of $45.89 billion for the quarter, compared to analysts’ expectations of $41.78 billion. During the same period last year, the firm earned $0.39 EPS. The company’s quarterly revenue was down 4.8% on a year-over-year basis. On average, research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be given a $0.15 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. Ford Motor’s payout ratio is -29.13%.

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.