Ford Motor Company $F Holdings Lifted by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC significantly increased its holdings in Ford Motor Company by 237.3% during the first quarter, now owning 49,145 shares valued at approximately $493,000.
• Ford reported earnings of $0.37 per share for the last quarter, exceeding expectations and seeing a 5% year-over-year revenue increase to $50.18 billion.
• The company announced a $0.15 quarterly dividend, representing an annualized dividend yield of 5.2%, with a payout ratio of 76.92%.

EntryPoint Capital LLC raised its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 237.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,145 shares of the auto manufacturer's stock after purchasing an additional 34,574 shares during the quarter. EntryPoint Capital LLC's holdings in Ford Motor were worth $493,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of F. Grove Bank & Trust grew its stake in Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after purchasing an additional 1,882 shares in the last quarter. Elite Financial Inc. bought a new position in Ford Motor during the 1st quarter worth approximately $27,000. Olde Wealth Management LLC bought a new position in Ford Motor during the 1st quarter worth approximately $28,000. MorganRosel Wealth Management LLC bought a new position in Ford Motor during the 1st quarter worth approximately $30,000. Finally, Spurstone Advisory Services LLC bought a new position in Ford Motor during the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Performance

Shares of NYSE F traded up $0.3930 during mid-day trading on Friday, hitting $11.7230. The company had a trading volume of 58,490,999 shares, compared to its average volume of 60,942,456. The stock has a market cap of $46.66 billion, a price-to-earnings ratio of 15.03, a PEG ratio of 3.24 and a beta of 1.48. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $11.97. 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 firm's 50 day simple moving average is $11.22 and its two-hundred day simple moving average is $10.34.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly 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 business had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The business's revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.47 EPS. As a group, equities research analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. Ford Motor's dividend payout ratio (DPR) is 76.92%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. JPMorgan Chase & Co. increased their target price on Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Royal Bank Of Canada increased their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 5th. Citigroup increased their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Barclays increased their target price on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Finally, UBS Group increased their target price on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Reduce" and an average target price of $10.53.

Insider Activity

In other news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the insider directly owned 113,939 shares in the company, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.48% of the company's stock.

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.