Ford Motor Company $F Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio raised its holdings in shares of Ford Motor Company (NYSE:FFree Report) by 22.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 2,001,319 shares of the auto manufacturer’s stock after purchasing an additional 366,218 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Ford Motor were worth $23,095,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of F. Norges Bank purchased a new stake in shares of Ford Motor in the fourth quarter valued at approximately $674,437,000. SBI Okasan Asset Management Co.Ltd. purchased a new position in Ford Motor during the fourth quarter worth approximately $1,769,000. TD Asset Management Inc lifted its position in 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 worth $25,036,000 after buying an additional 189,310 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Ford Motor by 2.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock worth $57,008,000 after buying an additional 103,423 shares during the last quarter. Finally, World Investment Advisors boosted its stake in Ford Motor by 222.5% during the fourth quarter. World Investment Advisors now owns 125,292 shares of the auto manufacturer’s stock worth $1,644,000 after buying an additional 86,445 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor News Summary

Here are the key news stories impacting Ford Motor this week:

Ford Motor Trading Up 1.4%

Shares of Ford Motor stock opened at $14.35 on Friday. The firm has a market capitalization of $57.16 billion, a price-to-earnings ratio of -9.25, a PEG ratio of 0.35 and a beta of 1.82. Ford Motor Company has a fifty-two week low of $10.68 and a fifty-two week high of $17.78. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. The stock has a 50 day moving average of $14.42 and a 200 day moving average of $13.44.

Ford Motor (NYSE:FGet Free Report) last posted its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter in the previous year, the business earned $0.14 earnings per share. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. As a group, research analysts predict that Ford Motor Company will post 1.62 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wall Street Zen upgraded Ford Motor from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. JPMorgan Chase & Co. lifted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. BNP Paribas Exane boosted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Wells Fargo & Company upped their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Thursday, June 25th. Finally, Citigroup raised their price objective on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus target price of $14.79.

Get Our Latest Stock Analysis on Ford Motor

About Ford Motor

(Free Report)

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.

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

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