National Pension Service Has $82.34 Million Holdings in Ford Motor Company $F

National Pension Service increased its position in shares of Ford Motor Company (NYSE:F) by 0.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,588,634 shares of the auto manufacturer’s stock after buying an additional 44,354 shares during the period. National Pension Service owned 0.19% of Ford Motor worth $82,337,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Ford Motor by 13.8% in the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock worth $4,590,333,000 after acquiring an additional 55,576,478 shares during the period. Pacer Advisors Inc. increased its stake in shares of Ford Motor by 6,915.1% in the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock valued at $492,253,000 after buying an additional 48,378,444 shares in the last quarter. Nuveen LLC bought a new stake in shares of Ford Motor during the first quarter valued at approximately $123,147,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock valued at $1,404,741,000 after acquiring an additional 10,947,527 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Ford Motor by 32.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock worth $318,365,000 after buying an additional 7,238,424 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.9%

Shares of F opened at $13.43 on Thursday. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $13.97. The firm’s 50 day moving average is $12.23 and its 200-day moving average is $11.40. The stock has a market capitalization of $53.49 billion, a PE ratio of 11.57, a P/E/G ratio of 4.03 and a beta of 1.60.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The business had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.49 earnings per share. Equities research analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be given a $0.15 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. Ford Motor’s dividend payout ratio (DPR) is presently 51.72%.

Analysts Set New Price Targets

A number of analysts have recently commented on F shares. Piper Sandler upped their price target on Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Barclays boosted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Royal Bank Of Canada increased their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a research note on Friday, October 24th. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. Finally, Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their price objective for the stock from $9.00 to $12.00 in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $11.73.

Ford Motor 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.