Ford Motor (NYSE:F) Position Increased by Xponance Inc.

Xponance Inc. grew its position in Ford Motor (NYSE:F) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 517,785 shares of the auto manufacturer’s stock after buying an additional 22,740 shares during the quarter. Xponance Inc.’s holdings in Ford Motor were worth $6,312,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in F. RB Capital Management LLC increased its holdings in Ford Motor by 14.6% in the first quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock worth $462,000 after buying an additional 3,477 shares during the last quarter. Fairfield Bush & CO. acquired a new stake in shares of Ford Motor in the 1st quarter valued at $37,000. Synovus Financial Corp boosted its holdings in Ford Motor by 275.4% in the first quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock worth $1,886,000 after purchasing an additional 81,783 shares in the last quarter. Blair William & Co. IL increased its position in Ford Motor by 17.3% during the first quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock worth $5,509,000 after buying an additional 47,959 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in Ford Motor by 3.0% during the first quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock valued at $9,537,000 after buying an additional 16,498 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CAO Mark Kosman sold 26,898 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the sale, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at $88,988.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on F. Morgan Stanley boosted their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. Piper Sandler initiated coverage on shares of Ford Motor in a report on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. Citigroup lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Barclays upped their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a research report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $13.82.

Ford Motor Stock Performance

NYSE:F opened at $12.15 on Friday. The firm has a market capitalization of $48.26 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 0.96 and a beta of 1.63. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The firm has a 50-day moving average price of $12.59 and a 200 day moving average price of $11.76.

Ford Motor (NYSE:F) last issued its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating the consensus estimate of $0.12 by $0.17. The company had revenue of $43.21 billion for the quarter, compared to the consensus estimate of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.51 EPS. Research analysts anticipate that Ford Motor will post 1.89 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were issued a dividend of $0.33 per share. This represents a yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor’s dividend payout ratio is currently 55.56%.

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.