143,000 Shares in Ford Motor Company $F Acquired by Buckland Partners Management Co LLC

Key Points

• Buckland Partners Management acquired 143,000 Ford shares in the second quarter, valued at approximately $1.99 million. Institutional investors and hedge funds collectively own 58.74% of Ford’s stock.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $15.68; recent targets range from $14.00 to $17.50.
• Ford exceeded quarterly earnings and revenue expectations, reporting $0.42 EPS and $48.30 billion in revenue, while declaring a quarterly dividend of $0.15 per share, representing a 4.3% annualized yield.

Buckland Partners Management Co LLC bought a new stake in shares of Ford Motor Company (NYSE:F - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 143,000 shares of the auto manufacturer's stock, valued at approximately $1,988,000.

Several other hedge funds have also recently added to or reduced their stakes in F. Caxton Associates LLP purchased a new stake in Ford Motor during the first quarter valued at about $304,000. Empowered Funds LLC raised its holdings in shares of Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer's stock valued at $1,482,000 after acquiring an additional 43,385 shares during the period. Jump Financial LLC acquired a new stake in shares of Ford Motor during the second quarter valued at approximately $172,000. NewEdge Advisors LLC lifted its position in shares of Ford Motor by 26.3% in the 2nd quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer's stock valued at $2,907,000 after acquiring an additional 55,741 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in Ford Motor by 1.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer's stock worth $19,786,000 after purchasing an additional 26,526 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on F shares. The Goldman Sachs Group lifted their price objective on shares of Ford Motor from $13.00 to $16.00 and gave the stock a "neutral" rating in a research report on Thursday, June 11th. UBS Group increased their price objective on Ford Motor from $14.00 to $17.00 and gave the stock a "buy" rating in a research note on Monday, June 8th. Zacks Research lowered Ford Motor from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. Jefferies Financial Group upgraded Ford Motor from a "hold" rating to a "buy" rating and raised their price objective for the stock from $14.50 to $17.50 in a research report on Monday, July 27th. Finally, Barclays lifted their target price on Ford Motor from $13.00 to $14.00 and gave the company an "equal weight" rating in a research note on Thursday, July 9th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $15.68.

Ford Motor Price Performance

F opened at $14.07 on Tuesday. The stock has a market cap of $56.11 billion, a price-to-earnings ratio of -7.52, a PEG ratio of 0.30 and a beta of 1.82. Ford Motor Company has a 1 year low of $11.11 and a 1 year high of $17.78. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The stock has a fifty day moving average price of $14.16 and a 200 day moving average price of $13.50.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the prior year, the firm posted $0.37 EPS. The business's revenue was down 3.8% compared to the same quarter last year. Analysts forecast that Ford Motor Company will post 1.86 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. Ford Motor's payout ratio is presently -32.09%.

About Ford Motor

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.

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