Benin Management CORP Has $347,000 Holdings in Ford Motor Company $F

Benin Management CORP lessened its stake in Ford Motor Company (NYSE:F) by 5.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,007 shares of the auto manufacturer’s stock after selling 2,000 shares during the quarter. Benin Management CORP’s holdings in Ford Motor were worth $347,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Advisors Capital Management LLC boosted its holdings in shares of Ford Motor by 9.6% in the 1st quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock valued at $126,000 after buying an additional 1,100 shares during the last quarter. FORA Capital LLC acquired a new stake in shares of Ford Motor in the 1st quarter valued at approximately $7,398,000. Generali Investments CEE investicni spolecnost a.s. raised its stake in Ford Motor by 25.0% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer’s stock valued at $3,009,000 after acquiring an additional 60,000 shares during the period. Teza Capital Management LLC bought a new stake in Ford Motor in the 1st quarter valued at $465,000. Finally, Quantitative Investment Management LLC bought a new stake in Ford Motor in the 1st quarter valued at $2,373,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Barclays increased their price target on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 16th. UBS Group increased their price target on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Monday, October 6th. JPMorgan Chase & Co. increased their price target on Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday. Royal Bank Of Canada increased their price target on Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 5th. Finally, Piper Sandler upped their price objective on Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a report on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus target price of $11.11.

Ford Motor Stock Performance

Shares of NYSE F opened at $12.57 on Wednesday. The firm has a market cap of $50.03 billion, a price-to-earnings ratio of 16.12, a P/E/G ratio of 3.49 and a beta of 1.53. Ford Motor Company has a one year low of $8.44 and a one year high of $12.80. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The stock’s fifty day moving average price is $11.77 and its two-hundred day moving average price is $10.98.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.04. The company had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.Ford Motor’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. On average, equities analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s dividend payout ratio is 76.92%.

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.