Nordea Investment Management AB Buys 25,229 Shares of Ford Motor (NYSE:F)

Nordea Investment Management AB boosted its stake in Ford Motor (NYSE:F) by 8.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 316,177 shares of the auto manufacturer’s stock after acquiring an additional 25,229 shares during the quarter. Nordea Investment Management AB’s holdings in Ford Motor were worth $3,146,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in F. Los Angeles Capital Management LLC grew its stake in Ford Motor by 53.6% in the 2nd quarter. Los Angeles Capital Management LLC now owns 31,510 shares of the auto manufacturer’s stock valued at $395,000 after buying an additional 10,999 shares during the last quarter. Main Street Financial Solutions LLC increased its stake in Ford Motor by 14.9% in the second quarter. Main Street Financial Solutions LLC now owns 43,331 shares of the auto manufacturer’s stock valued at $543,000 after acquiring an additional 5,630 shares during the last quarter. Meeder Advisory Services Inc. increased its stake in Ford Motor by 39.8% in the second quarter. Meeder Advisory Services Inc. now owns 88,351 shares of the auto manufacturer’s stock valued at $1,108,000 after acquiring an additional 25,167 shares during the last quarter. Stoneridge Investment Partners LLC acquired a new stake in Ford Motor in the second quarter valued at approximately $1,542,000. Finally, Thoroughbred Financial Services LLC boosted its position in Ford Motor by 8.0% in the second quarter. Thoroughbred Financial Services LLC now owns 16,130 shares of the auto manufacturer’s stock valued at $202,000 after buying an additional 1,192 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on F shares. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Barclays decreased their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Finally, Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Down 0.8 %

Shares of Ford Motor stock opened at $9.66 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company has a 50-day moving average of $10.47 and a 200 day moving average of $11.02. The firm has a market cap of $38.39 billion, a price-to-earnings ratio of 10.98, a PEG ratio of 1.89 and a beta of 1.64. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period last year, the business earned $0.39 EPS. Ford Motor’s revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

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.