Ford Motor (NYSE:F) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp cut its position in shares of Ford Motor (NYSE:F) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,884,592 shares of the auto manufacturer’s stock after selling 31,369 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Ford Motor were worth $18,657,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after buying an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after acquiring an additional 6,497,321 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after acquiring an additional 6,348,185 shares in the last quarter. Worldquant Millennium Advisors LLC purchased a new stake in Ford Motor during the 3rd quarter worth $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in Ford Motor by 420.2% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock worth $63,812,000 after purchasing an additional 4,881,105 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 have commented on F. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Wells Fargo & Company reduced their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. TD Cowen started coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 target price on the stock. Finally, Piper Sandler lowered their price target on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $11.37.

Ford Motor Stock Down 3.7 %

Shares of Ford Motor stock opened at $9.92 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The firm has a market cap of $39.30 billion, a P/E ratio of 6.79, a P/E/G ratio of 0.61 and a beta of 1.59. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The business has a 50-day moving average price of $9.76 and a 200 day moving average price of $10.28.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, sell-side analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date of this dividend 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.