Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 46,700 Shares of Ford Motor (NYSE:F)

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its holdings in Ford Motor (NYSE:F) by 7.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 604,060 shares of the auto manufacturer’s stock after selling 46,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Ford Motor were worth $5,980,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Apollon Wealth Management LLC raised its holdings in Ford Motor by 1.1% in the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock worth $982,000 after buying an additional 969 shares during the last quarter. Pure Financial Advisors LLC increased its position in shares of Ford Motor by 6.6% during the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock valued at $170,000 after acquiring an additional 990 shares in the last quarter. PBMares Wealth Management LLC raised its holdings in Ford Motor by 9.0% in the 3rd quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after acquiring an additional 991 shares during the last quarter. Albion Financial Group UT lifted its position in Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock valued at $36,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Brighton Jones LLC boosted its stake in Ford Motor by 5.4% during the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after purchasing an additional 1,001 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on F shares. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Evercore ISI decreased their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Royal Bank of Canada reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research note on Thursday, February 6th. Finally, Wells Fargo & Company lowered their price objective on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $11.89.

Ford Motor Trading Up 0.8 %

NYSE:F opened at $9.36 on Tuesday. Ford Motor has a one year low of $9.10 and a one year high of $14.85. The business has a fifty day moving average price of $9.80 and a 200-day moving average price of $10.43. The firm has a market capitalization of $37.08 billion, a price-to-earnings ratio of 6.41, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.41%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

About Ford Motor

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.