Voloridge Investment Management LLC Increases Stock Holdings in Ford Motor (NYSE:F)

Voloridge Investment Management LLC increased its stake in Ford Motor (NYSE:F - Free Report) by 2,905.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,989,463 shares of the auto manufacturer's stock after purchasing an additional 7,723,601 shares during the period. Voloridge Investment Management LLC owned approximately 0.20% of Ford Motor worth $79,096,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of F. Waverly Advisors LLC grew its position in Ford Motor by 137.4% during the fourth quarter. Waverly Advisors LLC now owns 86,639 shares of the auto manufacturer's stock valued at $858,000 after acquiring an additional 50,150 shares during the last quarter. Worldquant Millennium Advisors LLC grew its position in Ford Motor by 70.5% during the fourth quarter. Worldquant Millennium Advisors LLC now owns 8,954,748 shares of the auto manufacturer's stock valued at $88,652,000 after acquiring an additional 3,703,206 shares during the last quarter. Woodline Partners LP bought a new position in Ford Motor during the fourth quarter valued at approximately $2,321,000. Vident Advisory LLC boosted its stake in shares of Ford Motor by 1.4% during the fourth quarter. Vident Advisory LLC now owns 117,647 shares of the auto manufacturer's stock valued at $1,165,000 after purchasing an additional 1,578 shares during the period. Finally, Spurstone Advisory Services LLC purchased a new stake in shares of Ford Motor during the fourth quarter valued at approximately $31,000. 58.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on F. The Goldman Sachs Group increased their price objective on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Wells Fargo & Company dropped their price objective on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research note on Thursday, February 6th. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a research note on Wednesday, May 14th. Evercore ISI dropped their price objective on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Finally, UBS Group dropped their price objective on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $10.03.

Ford Motor Stock Down 0.5%

Shares of F traded down $0.06 during mid-day trading on Thursday, reaching $10.43. The company had a trading volume of 94,040,798 shares, compared to its average volume of 76,359,039. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. The firm has a 50-day moving average price of $9.96 and a 200 day moving average price of $10.06. The company has a market capitalization of $41.46 billion, a price-to-earnings ratio of 7.14, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. 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 data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The company had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. During the same period last year, the company earned $0.49 EPS. Ford Motor's revenue for the quarter was down 6.2% on a year-over-year basis. On average, sell-side analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a $0.15 dividend. The ex-dividend date is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.76%. Ford Motor's payout ratio 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.