Ford Motor Company (F) Shares Bought by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. boosted its position in Ford Motor Company (NYSE:F) by 1.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,855 shares of the auto manufacturer’s stock after buying an additional 800 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in Ford Motor were worth $673,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in F. Swiss National Bank increased its stake in shares of Ford Motor by 27.2% in the first quarter. Swiss National Bank now owns 13,137,535 shares of the auto manufacturer’s stock valued at $152,921,000 after buying an additional 2,811,700 shares during the period. WINTON GROUP Ltd increased its stake in shares of Ford Motor by 85.0% in the first quarter. WINTON GROUP Ltd now owns 4,625,995 shares of the auto manufacturer’s stock valued at $55,836,000 after buying an additional 2,125,994 shares during the period. American Century Companies Inc. increased its stake in shares of Ford Motor by 22.1% in the first quarter. American Century Companies Inc. now owns 9,429,411 shares of the auto manufacturer’s stock valued at $109,758,000 after buying an additional 1,706,419 shares during the period. Karp Capital Management Corp bought a new stake in shares of Ford Motor during the first quarter valued at about $12,602,000. Finally, Virginia Retirement Systems ET AL acquired a new stake in shares of Ford Motor during the first quarter valued at $12,387,000. 55.38% of the stock is currently owned by institutional investors.

Ford Motor Company (NYSE F) traded down 1.11% on Thursday, reaching $10.68. The company’s stock had a trading volume of 19,174,607 shares. The firm’s 50 day moving average is $11.22 and its 200-day moving average is $11.55. The firm has a market cap of $42.42 billion, a P/E ratio of 11.24 and a beta of 1.11. Ford Motor Company has a 12 month low of $10.67 and a 12 month high of $13.27.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.13. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The business had revenue of $36.93 billion for the quarter, compared to analysts’ expectations of $37.22 billion. During the same period in the prior year, the company posted $0.52 EPS. The business’s revenue for the quarter was down .5% compared to the same quarter last year. On average, equities research analysts anticipate that Ford Motor Company will post $1.75 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, July 24th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date is Thursday, July 20th. Ford Motor’s payout ratio is 63.16%.

F has been the topic of several recent analyst reports. Vetr downgraded Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 target price on the stock. in a research note on Wednesday, May 31st. Wolfe Research started coverage on Ford Motor in a research note on Tuesday, June 13th. They set a “market perform” rating on the stock. Berenberg Bank set a $10.00 price target on Ford Motor and gave the company a “sell” rating in a research report on Monday. Zacks Investment Research upgraded Ford Motor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 24th. Finally, Piper Jaffray Companies reiterated a “buy” rating and set a $14.00 price target on shares of Ford Motor in a research report on Friday, July 28th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $12.60.

In other news, insider James D. Farley, Jr. sold 25,000 shares of the stock in a transaction on Monday, June 12th. The shares were sold at an average price of $11.16, for a total value of $279,000.00. Following the transaction, the insider now owns 428,411 shares of the company’s stock, valued at approximately $4,781,066.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP John T. Lawler sold 80,624 shares of the stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total transaction of $886,864.00. Following the transaction, the vice president now directly owns 10 shares in the company, valued at approximately $110. The disclosure for this sale can be found here. 1.08% of the stock is owned by corporate insiders.

Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.