Aster Capital Management DIFC Ltd Invests $39,000 in Ford Motor (NYSE:F)

Aster Capital Management DIFC Ltd purchased a new position in Ford Motor (NYSE:F) during the 4th quarter, Holdings Channel.com reports. The firm purchased 3,966 shares of the auto manufacturer’s stock, valued at approximately $39,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Aviva PLC grew its stake in shares of Ford Motor by 26.5% in the 4th quarter. Aviva PLC now owns 191,584 shares of the auto manufacturer’s stock worth $1,897,000 after buying an additional 40,174 shares during the last quarter. KCM Investment Advisors LLC boosted its stake in Ford Motor by 32.6% during the 4th quarter. KCM Investment Advisors LLC now owns 30,499 shares of the auto manufacturer’s stock valued at $302,000 after purchasing an additional 7,504 shares during the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in Ford Motor during the 4th quarter valued at $13,338,000. Prudential PLC boosted its stake in Ford Motor by 22.7% during the 4th quarter. Prudential PLC now owns 250,822 shares of the auto manufacturer’s stock valued at $2,483,000 after purchasing an additional 46,357 shares during the last quarter. Finally, Landscape Capital Management L.L.C. boosted its stake in Ford Motor by 810.7% during the 4th quarter. Landscape Capital Management L.L.C. now owns 365,136 shares of the auto manufacturer’s stock valued at $3,615,000 after purchasing an additional 325,040 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 8.9 %

Shares of NYSE:F opened at $9.47 on Thursday. The business has a 50 day simple moving average of $9.61 and a two-hundred day simple moving average of $10.19. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85. The firm has a market capitalization of $37.51 billion, a PE ratio of 6.48, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on F. JPMorgan Chase & Co. dropped their price target on Ford Motor from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. Piper Sandler decreased their price target on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Royal Bank of Canada decreased their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Evercore ISI cut their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.10.

Ford Motor Profile

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.