Rakuten Securities Inc. Purchases Shares of 4,436 Ford Motor (NYSE:F)

Rakuten Securities Inc. acquired a new position in Ford Motor (NYSE:F) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,436 shares of the auto manufacturer’s stock, valued at approximately $54,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of F. RB Capital Management LLC lifted its position in Ford Motor by 14.6% during the first quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after purchasing an additional 3,477 shares during the period. Fairfield Bush & CO. purchased a new stake in shares of Ford Motor in the first quarter worth about $37,000. Synovus Financial Corp grew its holdings in Ford Motor by 275.4% during the first quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock worth $1,886,000 after acquiring an additional 81,783 shares during the period. Blair William & Co. IL raised its position in Ford Motor by 17.3% during the first quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after acquiring an additional 47,959 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in Ford Motor by 3.0% in the first quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock valued at $9,537,000 after acquiring an additional 16,498 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Activity at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the transaction, the chief accounting officer now directly owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

F has been the subject of several recent research reports. UBS Group lowered shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price for the company. in a report on Wednesday, January 17th. Citigroup increased their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Morgan Stanley lifted their price target on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Barclays upped their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Finally, Piper Sandler began coverage on Ford Motor in a report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $13.82.

Ford Motor Stock Performance

NYSE F opened at $12.03 on Thursday. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. The stock’s 50 day simple moving average is $12.61 and its 200-day simple moving average is $11.76. The company has a market cap of $47.80 billion, a PE ratio of 11.14, a price-to-earnings-growth ratio of 0.96 and a beta of 1.63. Ford Motor has a 1-year low of $9.63 and a 1-year high of $15.42.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. During the same quarter last year, the firm posted $0.51 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, equities research analysts anticipate that Ford Motor will post 1.9 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a yield of 4.7%. Ford Motor’s payout ratio is presently 55.56%.

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.