Neo Ivy Capital Management Purchases 526,739 Shares of Ford Motor (NYSE:F)

Neo Ivy Capital Management increased its position in shares of Ford Motor (NYSE:F - Free Report) by 173.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 830,721 shares of the auto manufacturer's stock after buying an additional 526,739 shares during the period. Ford Motor comprises approximately 1.7% of Neo Ivy Capital Management's holdings, making the stock its 3rd biggest holding. Neo Ivy Capital Management's holdings in Ford Motor were worth $8,224,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Helium Advisors LLC bought a new stake in shares of Ford Motor in the 4th quarter worth about $263,000. GTS Securities LLC increased its position in shares of Ford Motor by 78.5% in the 4th quarter. GTS Securities LLC now owns 83,219 shares of the auto manufacturer's stock worth $824,000 after purchasing an additional 36,588 shares during the last quarter. Fourth Dimension Wealth LLC bought a new stake in shares of Ford Motor in the 4th quarter worth about $60,000. Focus Partners Advisor Solutions LLC boosted its holdings in shares of Ford Motor by 13.8% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 87,292 shares of the auto manufacturer's stock valued at $864,000 after buying an additional 10,563 shares during the period. Finally, Kolinsky Wealth Management LLC bought a new stake in shares of Ford Motor during the 4th quarter valued at about $106,000. Institutional investors own 58.74% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on F shares. Evercore ISI lowered their price objective on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research report on Monday, February 10th. The Goldman Sachs Group boosted their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, May 6th. Royal Bank of Canada lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research report on Thursday, February 6th. Bank of America lowered their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research report on Thursday, February 6th. Finally, Sanford C. Bernstein downgraded shares of Ford Motor from a "market perform" rating to an "underperform" rating and lowered their price objective for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $10.03.

Ford Motor Price Performance

Shares of F stock traded down $0.08 during midday trading on Friday, reaching $10.36. 80,479,054 shares of the company were exchanged, compared to its average volume of 76,649,992. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a market cap of $41.20 billion, a P/E ratio of 7.10, a PEG ratio of 0.61 and a beta of 1.53. The company's 50 day moving average price is $9.98 and its two-hundred day moving average price is $10.05. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The company had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. During the same period in the previous year, the firm earned $0.49 EPS. Ford Motor's revenue was down 6.2% on a year-over-year basis. On average, sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.79%. Ford Motor's dividend payout ratio (DPR) is 48.00%.

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.