Anderson Fisher LLC Raises Stake in Ford Motor (NYSE:F)

Anderson Fisher LLC increased its position in Ford Motor (NYSE:F) by 5.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 21,956 shares of the auto manufacturer’s stock after purchasing an additional 1,110 shares during the quarter. Anderson Fisher LLC’s holdings in Ford Motor were worth $193,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of F. Geode Capital Management LLC raised its stake in Ford Motor by 8.2% in the fourth quarter. Geode Capital Management LLC now owns 52,343,847 shares of the auto manufacturer’s stock worth $399,887,000 after buying an additional 3,950,938 shares in the last quarter. Pzena Investment Management LLC grew its holdings in Ford Motor by 5.3% in the fourth quarter. Pzena Investment Management LLC now owns 42,974,503 shares of the auto manufacturer’s stock worth $328,755,000 after purchasing an additional 2,169,719 shares during the period. Northern Trust Corp grew its holdings in Ford Motor by 1.0% in the first quarter. Northern Trust Corp now owns 42,412,606 shares of the auto manufacturer’s stock worth $372,382,000 after purchasing an additional 405,881 shares during the period. Legal & General Group Plc grew its holdings in Ford Motor by 5.7% in the fourth quarter. Legal & General Group Plc now owns 22,619,672 shares of the auto manufacturer’s stock worth $173,065,000 after purchasing an additional 1,210,042 shares during the period. Finally, Norges Bank purchased a new stake in Ford Motor in the fourth quarter worth about $161,692,000. Institutional investors own 52.37% of the company’s stock.

A number of equities research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating and set a $12.00 price target on the stock in a report on Tuesday, April 30th. Citigroup reiterated a “reduce” rating on shares of Ford Motor in a report on Wednesday, April 10th. ValuEngine upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th. Seaport Global Securities assumed coverage on shares of Ford Motor in a report on Wednesday, February 13th. They set a “neutral” rating and a $8.46 price target on the stock. They noted that the move was a valuation call. Finally, BMO Capital Markets increased their price target on shares of Ford Motor from $8.50 to $10.00 and gave the company a “market perform” rating in a report on Monday, May 6th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $10.48.

In other Ford Motor news, CEO James P. Hackett sold 20,000 shares of the stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $9.61, for a total value of $192,200.00. Following the transaction, the chief executive officer now directly owns 214,575 shares in the company, valued at $2,062,065.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John C. Lechleiter purchased 10,000 shares of the firm’s stock in a transaction on Friday, May 10th. The stock was acquired at an average price of $10.32 per share, for a total transaction of $103,200.00. Following the completion of the transaction, the director now directly owns 55,000 shares of the company’s stock, valued at approximately $567,600. The disclosure for this purchase can be found here. 0.83% of the stock is currently owned by company insiders.

Shares of Ford Motor stock opened at $9.92 on Wednesday. The company has a market cap of $38.94 billion, a P/E ratio of 7.63, a P/E/G ratio of 0.97 and a beta of 1.13. Ford Motor has a twelve month low of $7.41 and a twelve month high of $12.15. The company has a debt-to-equity ratio of 2.82, a quick ratio of 1.10 and a current ratio of 1.22.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, April 25th. The auto manufacturer reported $0.44 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.18. Ford Motor had a net margin of 1.94% and a return on equity of 14.41%. The company had revenue of $40.34 billion for the quarter, compared to the consensus estimate of $37.37 billion. During the same quarter in the prior year, the firm earned $0.43 earnings per share. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. On average, research analysts anticipate that Ford Motor will post 1.38 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, April 24th were given a $0.15 dividend. The ex-dividend date was Tuesday, April 23rd. This represents a $0.60 annualized dividend and a yield of 6.05%. Ford Motor’s payout ratio is presently 46.15%.

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Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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