Ford Motor Company $F Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. lowered its position in shares of Ford Motor Company (NYSE:F) by 6.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,353,030 shares of the auto manufacturer’s stock after selling 96,069 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Ford Motor were worth $17,785,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of 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 purchasing an additional 103,423 shares in the last quarter. Caprock Group LLC acquired a new position in Ford Motor in the third quarter valued at $893,000. Versor Investments LP acquired a new position in Ford Motor in the third quarter valued at $2,187,000. Quantbot Technologies LP boosted its stake in Ford Motor by 91.6% in the third quarter. Quantbot Technologies LP now owns 179,619 shares of the auto manufacturer’s stock valued at $2,148,000 after acquiring an additional 85,848 shares in the last quarter. Finally, National Pension Service boosted its stake in Ford Motor by 6.7% in the third quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer’s stock valued at $96,865,000 after acquiring an additional 510,426 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. bought 140,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was acquired at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the purchase, the insider owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on F. Royal Bank Of Canada restated a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a research note on Friday, May 15th. Bank of America began coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They issued a “buy” rating and a $17.00 price objective for the company. Morgan Stanley restated an “equal weight” rating and issued a $14.00 price objective on shares of Ford Motor in a research note on Wednesday, May 13th. The Goldman Sachs Group decreased their price objective on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Finally, TD Cowen decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $13.56.

Trending Headlines about Ford Motor

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

• Positive Sentiment: Ford’s five-year EDF agreement gives Ford Energy a large potential revenue stream and supports the case for a new growth business outside vehicle sales. Ford Energy and EDF power solutions North America Announce Five-Year Framework Agreement for Up to 20 GWh of Battery Energy Storage Systems
• Positive Sentiment: Ford’s new Europe plan, including seven models by 2029 and smarter connected services, signals a more aggressive push to defend market share and improve profitability. Ford to launch seven European models by 2029 as it seeks to fend off Chinese rivals
• Neutral Sentiment: Ford announced a leadership change in marketing, with Lisa Materazzo departing and Dean Stoneley serving as interim CMO; the move looks more like an organizational transition than a major business disruption. Ford Announces Marketing Leadership Transition
• Negative Sentiment: Ford’s EV unit is still under pressure, with earlier commentary highlighting ongoing losses and cost concerns that could limit near-term upside. Should You Buy Ford Stock Now on the Energy Deal With EDF?

Ford Motor Price Performance

Shares of F opened at $13.05 on Wednesday. Ford Motor Company has a fifty-two week low of $9.88 and a fifty-two week high of $14.94. The company has a market capitalization of $51.99 billion, a price-to-earnings ratio of -8.42, a price-to-earnings-growth ratio of 0.29 and a beta of 1.65. The firm has a 50-day simple moving average of $12.19 and a 200-day simple moving average of $13.01. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, equities research analysts anticipate that Ford Motor Company will post 1.6 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.6%. Ford Motor’s dividend payout ratio is -38.71%.

Ford Motor Profile

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.