Commerzbank Aktiengesellschaft FI Decreases Stake in Ford Motor Company $F

Commerzbank Aktiengesellschaft FI cut its stake in Ford Motor Company (NYSE:F) by 86.0% in the first quarter, Holdings Channel reports. The firm owned 24,613 shares of the auto manufacturer’s stock after selling 151,181 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Ford Motor were worth $284,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Norges Bank purchased a new position in Ford Motor in the 4th quarter worth $674,437,000. SBI Okasan Asset Management Co.Ltd. acquired a new stake in Ford Motor during the 4th quarter worth about $1,769,000. TD Asset Management Inc grew its stake in Ford Motor by 11.0% during the 4th quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer’s stock valued at $25,036,000 after purchasing an additional 189,310 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Ford Motor by 2.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock valued at $57,008,000 after purchasing an additional 103,423 shares during the last quarter. Finally, World Investment Advisors increased its holdings in shares of Ford Motor by 222.5% in the fourth quarter. World Investment Advisors now owns 125,292 shares of the auto manufacturer’s stock valued at $1,644,000 after purchasing an additional 86,445 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Bank of America lifted their target price on Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Citigroup increased their price target on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Zacks Research raised shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Morgan Stanley restated an “equal weight” rating and set a $14.00 price objective on shares of Ford Motor in a research note on Wednesday, May 13th. Finally, TD Cowen dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average price target of $14.79.

Ford Motor News Summary

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: Ford is drawing bullish momentum attention from analysts, with one Zacks report highlighting the stock as a strong momentum name and another saying it may be set up to beat earnings expectations. Article Title Article Title
• Positive Sentiment: Ford joined a new alliance with BlackRock, Carhartt and Google to expand skilled workforce training, which could help support hiring and long-term manufacturing capacity. Article Title
• Neutral Sentiment: Coverage noting Ford has been trading higher than the broader market reflects improving short-term momentum, but it does not by itself change the company’s fundamentals. Article Title
• Neutral Sentiment: Articles about Ford workers allegedly being fired over snack theft are mostly reputational and labor-related headlines, but are unlikely to materially move the stock unless they signal broader labor issues. Article Title Article Title
• Negative Sentiment: Ford’s recall of nearly 388,000 vehicles over a second-row seat injury hazard is a negative development because it raises warranty, repair, and brand-risk concerns. Article Title
• Negative Sentiment: Broader commentary on the collapse of the U.S. EV industry could add pressure to Ford sentiment, since investors remain focused on losses in Ford’s EV segment. Article Title

Ford Motor Price Performance

Shares of Ford Motor stock opened at $14.42 on Thursday. The firm has a market cap of $57.46 billion, a PE ratio of -9.30, a P/E/G ratio of 0.32 and a beta of 1.82. Ford Motor Company has a twelve month low of $10.68 and a twelve month high of $17.78. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The business has a 50-day moving average price of $14.40 and a 200 day moving average price of $13.43.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The company had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter in the prior year, the business posted $0.14 earnings per share. Ford Motor’s revenue for the quarter was up 6.4% on a year-over-year basis. Sell-side analysts predict that Ford Motor Company will post 1.66 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.2%. Ford Motor’s dividend payout ratio (DPR) is -38.71%.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.