Voloridge Investment Management LLC Has $79.10 Million Stake in Ford Motor (NYSE:F)

Voloridge Investment Management LLC lifted its stake in shares of Ford Motor (NYSE:F - Free Report) by 2,905.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. 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 about 0.20% of Ford Motor worth $79,096,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock worth $3,980,630,000 after acquiring an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Ford Motor by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after acquiring an additional 6,497,321 shares during the period. Geode Capital Management LLC raised its stake in Ford Motor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock worth $830,662,000 after acquiring an additional 2,089,127 shares during the period. Dimensional Fund Advisors LP raised its stake in Ford Motor by 11.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock worth $460,444,000 after acquiring an additional 4,925,993 shares during the period. Finally, Norges Bank acquired a new stake in shares of Ford Motor in the fourth quarter valued at approximately $387,282,000. Institutional investors own 58.74% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on F shares. Barclays raised their price target on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. The Goldman Sachs Group raised their price target on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 6th. Finally, Piper Sandler increased their price objective on shares of Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a report on Thursday. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $10.03.

Ford Motor Price Performance

NYSE:F traded down $0.08 during trading hours on Friday, reaching $10.36. 80,479,054 shares of the company's stock were exchanged, compared to its average volume of 76,506,754. The company has a market capitalization of $41.20 billion, a P/E ratio of 7.10, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The business's 50-day simple moving average is $9.98 and its two-hundred day simple moving average is $10.06.

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

Ford Motor Announces Dividend

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

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.