Mizuho Securities USA LLC Purchases 116,778 Shares of Ford Motor (NYSE:F)

Mizuho Securities USA LLC raised its position in shares of Ford Motor (NYSE:F) by 46.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 369,957 shares of the auto manufacturer’s stock after purchasing an additional 116,778 shares during the period. Mizuho Securities USA LLC’s holdings in Ford Motor were worth $3,663,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of F. Quest Partners LLC bought a new stake in Ford Motor during the 3rd quarter valued at $96,000. Commerce Bank raised its position in Ford Motor by 4.9% during the 3rd quarter. Commerce Bank now owns 144,810 shares of the auto manufacturer’s stock valued at $1,529,000 after purchasing an additional 6,814 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Ford Motor in the 3rd quarter valued at $186,000. Advisors Asset Management Inc. raised its position in shares of Ford Motor by 8.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 291,634 shares of the auto manufacturer’s stock worth $3,080,000 after acquiring an additional 22,704 shares in the last quarter. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Ford Motor in the 3rd quarter worth $423,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Up 0.3 %

Shares of F stock opened at $10.05 on Monday. The stock’s 50-day simple moving average is $9.73 and its 200-day simple moving average is $10.29. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm has a market capitalization of $39.81 billion, a PE ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating 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%. Equities analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. Ford Motor’s payout ratio is 41.10%.

Analyst Ratings Changes

Several research analysts have recently commented on F shares. TD Cowen started coverage on Ford Motor in a research report on Friday, March 7th. They issued a “hold” rating and a $10.00 price target for the company. Wells Fargo & Company reduced their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada reduced their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a research report on Thursday, February 6th. Finally, Piper Sandler reduced their price target on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $11.50.

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.