PBU The Pension Fund of Early Childhood & Youth Educators Invests $15.79 Million in Ford Motor Company $F

PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in shares of Ford Motor Company (NYSE:F) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 1,203,619 shares of the auto manufacturer’s stock, valued at approximately $15,791,000.

Other hedge funds also recently modified their holdings of the company. Grove Bank & Trust lifted its stake in shares of Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,000 shares during the last quarter. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth about $26,000. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in shares of Ford Motor during the 4th quarter worth about $29,000. Johnson Financial Group Inc. lifted its stake in shares of Ford Motor by 55.4% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after buying an additional 837 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Ford Motor during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Citigroup raised their target price on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. UBS Group dropped their price objective on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. TD Cowen dropped 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. Finally, Bank of America lifted their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $14.20.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $14.91 on Friday. Ford Motor Company has a twelve month low of $10.15 and a twelve month high of $17.78. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The company has a 50-day simple moving average of $13.12 and a two-hundred day simple moving average of $13.22. The stock has a market capitalization of $59.39 billion, a price-to-earnings ratio of -9.62, a price-to-earnings-growth ratio of 0.33 and a beta of 1.79.

Ford Motor (NYSE:F) last issued its quarterly earnings data 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 analysts’ expectations of $42.66 billion. During the same quarter in the previous year, the company earned $0.14 EPS. The business’s revenue was up 6.4% on a year-over-year basis. Analysts forecast that Ford Motor Company will post 1.64 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a $0.15 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. Ford Motor’s payout ratio is presently -38.71%.

About Ford Motor

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.