Ossiam Increases Stock Holdings in Ford Motor (NYSE:F)

Ossiam grew its position in shares of Ford Motor (NYSE:F) by 5,282.7% during the fourth quarter, Holdings Channel reports. The fund owned 1,041,504 shares of the auto manufacturer’s stock after purchasing an additional 1,022,155 shares during the period. Ossiam’s holdings in Ford Motor were worth $10,311,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hager Investment Management Services LLC bought a new position in Ford Motor during the 4th quarter valued at approximately $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the fourth quarter valued at $29,000. Flagship Wealth Advisors LLC purchased a new position in shares of Ford Motor in the 4th quarter worth about $30,000. Kentucky Trust Co bought a new position in Ford Motor in the 4th quarter worth about $31,000. Finally, Crewe Advisors LLC boosted its stake in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on F shares. Barclays decreased their target price on shares of Ford Motor from $10.00 to $8.00 and set an “equal weight” rating for the company in a report on Tuesday. UBS Group decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, April 10th. Piper Sandler cut their target price on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, March 20th. The Goldman Sachs Group restated a “neutral” rating and issued a $9.00 price target (down previously from $11.00) on shares of Ford Motor in a research note on Thursday, April 10th. Finally, TD Cowen began coverage on Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 price target on the stock. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $10.30.

Ford Motor Stock Performance

Shares of NYSE F opened at $9.63 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The firm has a market capitalization of $38.16 billion, a price-to-earnings ratio of 6.59, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The firm has a 50 day moving average of $9.60 and a 200 day moving average of $10.13.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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, research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.23%. Ford Motor’s dividend payout ratio is presently 41.10%.

Ford Motor Company 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.