Public Employees Retirement System of Ohio Grows Position in Ford Motor Company (F)

Public Employees Retirement System of Ohio lifted its holdings in Ford Motor Company (NYSE:F) by 0.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,677,181 shares of the auto manufacturer’s stock after acquiring an additional 9,942 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.07% of Ford Motor worth $32,046,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Lau Associates LLC grew its stake in Ford Motor by 0.9% during the second quarter. Lau Associates LLC now owns 107,800 shares of the auto manufacturer’s stock worth $1,206,000 after buying an additional 1,000 shares in the last quarter. Xact Kapitalforvaltning AB grew its stake in Ford Motor by 2.6% during the second quarter. Xact Kapitalforvaltning AB now owns 717,471 shares of the auto manufacturer’s stock worth $8,029,000 after buying an additional 18,469 shares in the last quarter. Stock Yards Bank & Trust Co. grew its stake in Ford Motor by 7.5% during the second quarter. Stock Yards Bank & Trust Co. now owns 25,610 shares of the auto manufacturer’s stock worth $287,000 after buying an additional 1,777 shares in the last quarter. Capital One National Association grew its stake in Ford Motor by 2.1% during the second quarter. Capital One National Association now owns 14,408 shares of the auto manufacturer’s stock worth $161,000 after buying an additional 300 shares in the last quarter. Finally, Farmers Trust Co. grew its stake in Ford Motor by 3.1% during the second quarter. Farmers Trust Co. now owns 251,675 shares of the auto manufacturer’s stock worth $2,817,000 after buying an additional 7,560 shares in the last quarter. Institutional investors and hedge funds own 53.78% of the company’s stock.

F has been the topic of a number of analyst reports. Vetr upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 price objective on the stock in a research note on Friday, October 13th. Standpoint Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, October 4th. ValuEngine downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. Finally, BidaskClub upgraded shares of Ford Motor from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $12.61.

In related news, insider Hau N. Thai-Tang sold 19,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven R. Armstrong sold 10,752 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total transaction of $132,464.64. Following the completion of the transaction, the insider now owns 101,159 shares of the company’s stock, valued at approximately $1,246,278.88. The disclosure for this sale can be found here. Insiders sold 76,828 shares of company stock valued at $943,045 in the last three months. Company insiders own 1.08% of the company’s stock.

Ford Motor Company (NYSE F) opened at $12.58 on Friday. The company has a market cap of $49,494.88, a PE ratio of 7.42, a PEG ratio of 0.65 and a beta of 1.24. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94. Ford Motor Company has a fifty-two week low of $10.47 and a fifty-two week high of $13.27.

Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.10. The firm had revenue of $33.65 billion during the quarter, compared to analysts’ expectations of $32.80 billion. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.26 earnings per share. equities research analysts forecast that Ford Motor Company will post 1.81 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, October 23rd were issued a $0.15 dividend. The ex-dividend date was Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.77%. Ford Motor’s dividend payout ratio (DPR) is currently 54.55%.

TRADEMARK VIOLATION WARNING: “Public Employees Retirement System of Ohio Grows Position in Ford Motor Company (F)” was first reported by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://www.com-unik.info/2017/12/16/public-employees-retirement-system-of-ohio-grows-position-in-ford-motor-company-f.html.

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.

Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:F).

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

What are top analysts saying about Ford Motor? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Ford Motor and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit