According to the recent Form 13F filing with the Securities and Exchange Commission, Elo Mutual Pension Insurance Co has decided to increase its holdings in Ford Motor by 3.2% during the first quarter. This move resulted in an additional 9,748 shares being purchased, bringing their total ownership to 315,372 shares of the auto manufacturer’s stock. As of its most recent SEC filing, Elo Mutual Pension Insurance Co’s holdings in Ford Motor were estimated to be worth $3,974,000.
Furthermore, Ford Motor has recently announced its quarterly dividend payment schedule. Shareholders of record on Tuesday, July 25th will receive a dividend of $0.15 per share on Friday, September 1st. This equates to an annualized dividend of $0.60 and a dividend yield of 4.97%. The ex-dividend date for this payment was Monday, July 24th.
Currently, Ford Motor’s dividend payout ratio stands at 58.82%. This ratio represents the proportion of earnings that is distributed to shareholders in the form of dividends.
As an established auto manufacturer with a strong presence in various global markets, Ford Motor has consistently aimed to provide value for its shareholders through both share price appreciation and regular dividend payments. The recent increase in holdings by Elo Mutual Pension Insurance Co demonstrates their confidence in the company’s performance and long-term prospects.
It is worth noting that these figures are based on the latest information available as of September 3rd, 2023. Investors and market participants are advised to conduct thorough research before making any investment decisions or relying solely on these numbers.
Overall, Elo Mutual Pension Insurance Co’s decision to bolster its position in Ford Motor signifies their belief in the company’s capabilities and potential for future growth. With a well-established track record and a commitment towards providing value for shareholders through regular dividends, Ford Motor remains an attractive option for investors looking for stability and long-term returns in the automotive industry.
Ownership Structure of Ford Motor Undergoes Major Changes as Hedge Funds and Institutional Investors Adjust Positions
September 3, 2023 – Ford Motor (NYSE:F) has undergone significant changes in its ownership structure as more hedge funds and institutional investors adjust their positions in the company. Snider Financial Group, for instance, experienced a staggering growth of 100,345.2% during the first quarter, now owning 219,805,167 shares valued at $3,717,000. This increase was fueled by their acquisition of an additional 219,586,336 shares. Similarly, Newport Trust Co saw a 4.1% growth in their position with an additional 6,048,371 shares worth $1,935,294,000 during the same period.
Charles Schwab Investment Management Inc. witnessed a substantial surge of 243.2% in their position during the first quarter. With a total of 81,406,673 shares valued at $1,025,724,000 after acquiring an additional 57,689,209 shares of Ford Motor’s stock. Additionally- Geode Capital Management LLC grew its position by 0.3%, adding an extra 196752 shares to its existing investment totaling 69’911’885 shares worth approximately $811’452’000.
Even Fisher Asset Management LLC joined the trend by lifting its stake in Ford Motor by approximately 7.5% during the first quarter with an acquisition of an additional 3’592076 shares.In total,this resulted in them now owning51’251409shares worth $645’768’000.Today’s report also indicated that hedge funds and other institutional investors currently own around52..73of Ford’s stock.
On another note,research firms have analyzed Ford’s performance and expressed varying opinions on its outlook.The professionals from StockNews.com provided a “hold” rating on the stock when they initiated coverage on Thursday,August17th.Morgan Stanley,onthe other hand,reiterated an “overweight” rating with a $16.00 price target in their research note released on Tuesday, August 1st.
Citigroup also chimed in by boosting Ford Motor’s price target from $16.00 to $17.00 and Daiwa Capital Markets raised theirs from $12.00 to $13.00 while offering a “neutral” rating. In another research note released on Monday, July 10th,Barclays increased their price target to$14.00.
Currently,two analysts have expressed a bearish viewby rating the stock as sell,eightanalysts have assigned it a holdrating,and fivehave given ita buyrating.These combined evaluations,according to Bloomberg,would reflect an overall consensus rating of”hold’with an estimated consensus target price of $15’15.
On Friday,the company’s stock experienced a slight decrease,trading down$0’06 andclosing at$12’07.Based on information provided by its average volume of60’869’965shares,the trading volume for the day was recordedat14’602’784 shares.Ford Motor boasts a50-day simple moving averageof$13’46and a200-day simple moving averageof$12’75.Additionally the company hasa current ratio of1.20,a quick ratio of1 a03,and adebt-to-equity ratioof2’15.The firmhasamarket capitalizationofapproximately$48.31 billion.Witharelativelylow PEratioof11.B3and PEG ratioofO.Sl,thisreflects theindustry’sperplexityoverthe futureperformancepotentialofthecompany.AccordingtoaBeta scoreof1..59,FordMotor maybe characterizedas havinga somewhatabove-average correlationtothemovementsinthebroadermarketduetoitspricevolatility.Whilethe companycurrently experimentsthe low-endprevious performancestandardsofboth männer oustanding.This suggestsan outingforthefutureperiodswillberobust and quiteunsettlingintheseaspectwhatmaybea more risk.currentinvestment.
On July 27th,Ford Motor released its quarterly earnings results which reported anEPSof$0.72 for the quarter.This surpassedanalysts’consensus estimates of$0.51 by$0.21, demonstratinga sign of robust financial health.The firmalso successfully recorded a revenueofapproximately$44-95 billion during the quartercompared to the analyst estimatesof $43.17billion.Utilizing this dataand consideringthe company’squarterly revenuegrowthrateof11.B% comparedtothe same periodlast year,it would indicatepositivegrowthandanincreasing returnon equity(ROE)rateof20.48%.Withamarginof2.44%,FordMotoristakingstepstomonetizeitsoperations.However,some uncertaintiesare stillloominrecentprojections duetothelowaverageestimateforthe year.For completeness,theearningsper shareestimateforthecurrentyear lay at 2’Brien EPSasforecastedbyselectedsell-sideFinancial analysts.
In conclusion, Ford Motor has experienced significant changes in its ownership structure as various hedge funds and institutional investors have adjusted their positions in the company. This influx of capital into Ford Motor reflects