Ford Motor Company $F Stock: Counterpoint Mutual Funds LLC Boosts Position

Key Points

• Counterpoint Mutual Funds significantly increased its Ford position by 3,191.5% in the third quarter, acquiring 729,583 additional shares for a total holding of 752,443 shares valued at approximately $9.1 million.
• Institutional investors collectively own 58.74% of Ford, while shares recently traded at $12.45. Ford’s latest quarterly results exceeded estimates, with EPS of $0.42 and revenue of $48.3 billion, although revenue declined 3.8% year over year.
• Ford maintains a quarterly dividend of $0.15 per share, representing a 4.8% annualized yield. Analyst sentiment is mixed, with an overall “Hold” rating and an average price target of $15.36.

Counterpoint Mutual Funds LLC raised its holdings in Ford Motor Company (NYSE:F - Free Report) by 3,191.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 752,443 shares of the auto manufacturer's stock after purchasing an additional 729,583 shares during the period. Counterpoint Mutual Funds LLC's holdings in Ford Motor were worth $9,074,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Avail Investment Partners LLC boosted its holdings in Ford Motor by 19.4% in the 3rd quarter. Avail Investment Partners LLC now owns 22,720 shares of the auto manufacturer's stock valued at $274,000 after purchasing an additional 3,692 shares during the period. RKL Wealth Management LLC raised its position in Ford Motor by 4.5% in the 3rd quarter. RKL Wealth Management LLC now owns 36,049 shares of the auto manufacturer's stock worth $435,000 after purchasing an additional 1,539 shares during the period. Vontobel Holding Ltd. increased its holdings in shares of Ford Motor by 31.3% in the third quarter. Vontobel Holding Ltd. now owns 221,751 shares of the auto manufacturer's stock worth $2,674,000 after buying an additional 52,821 shares during the period. TD Waterhouse Canada Inc. increased its stake in Ford Motor by 21.3% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 96,924 shares of the auto manufacturer's stock worth $1,190,000 after purchasing an additional 16,994 shares during the period. Finally, ARS Wealth Advisors Group LLC purchased a new stake in Ford Motor during the 3rd quarter valued at $125,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Trading Up 1.1%

Shares of Ford Motor stock opened at $12.45 on Friday. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09. The company has a fifty day moving average of $13.33 and a 200 day moving average of $13.56. The company has a market capitalization of $49.63 billion, a P/E ratio of -6.66, a P/E/G ratio of 0.25 and a beta of 1.93. Ford Motor Company has a fifty-two week low of $11.11 and a fifty-two week high of $17.78.

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

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.8%. The ex-dividend date was Tuesday, August 11th. Ford Motor's dividend payout ratio is presently -32.09%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Citigroup raised shares of Ford Motor from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $19.00 to $20.00 in a research report on Wednesday, July 29th. TD Cowen upped their price target on Ford Motor from $13.00 to $15.00 and gave the stock a "hold" rating in a research note on Wednesday, July 29th. Dbs Bank upgraded shares of Ford Motor from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, August 11th. Weiss Ratings downgraded shares of Ford Motor from a "buy (b)" rating to a "hold (c-)" rating in a research report on Friday, October 2nd. Finally, Wall Street Zen cut Ford Motor from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $15.36.

Ford Motor Profile

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world's oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.

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