MBB Public Markets I LLC Purchases Shares of 30,625 Ford Motor Company $F

Key Points

• MBB Public Markets I LLC has invested approximately $307,000 in Ford Motor Company, acquiring 30,625 shares during the 1st quarter.
• Ford reported a quarterly EPS of $0.37, surpassing analysts' expectations, and revenue of $50.18 billion, a 5.0% increase year-over-year.
• The company announced a quarterly dividend of $0.15 per share, resulting in an annualized dividend yield of 5.2%.

MBB Public Markets I LLC bought a new position in shares of Ford Motor Company (NYSE:F - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 30,625 shares of the auto manufacturer's stock, valued at approximately $307,000.

Other hedge funds have also recently bought and sold shares of the company. Caxton Associates LLP bought a new position in Ford Motor in the 1st quarter worth $304,000. Voleon Capital Management LP grew its position in Ford Motor by 284.8% in the 1st quarter. Voleon Capital Management LP now owns 597,854 shares of the auto manufacturer's stock worth $5,996,000 after purchasing an additional 442,504 shares during the last quarter. Teza Capital Management LLC acquired a new stake in shares of Ford Motor during the 1st quarter valued at about $465,000. UniSuper Management Pty Ltd boosted its position in shares of Ford Motor by 2.7% during the 1st quarter. UniSuper Management Pty Ltd now owns 345,279 shares of the auto manufacturer's stock valued at $3,463,000 after acquiring an additional 9,100 shares in the last quarter. Finally, Rise Advisors LLC boosted its position in shares of Ford Motor by 316.5% during the 1st quarter. Rise Advisors LLC now owns 3,303 shares of the auto manufacturer's stock valued at $33,000 after acquiring an additional 2,510 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on F shares. JPMorgan Chase & Co. lifted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. UBS Group lifted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Royal Bank Of Canada boosted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Finally, Dbs Bank lowered shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a research report on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Ford Motor presently has a consensus rating of "Reduce" and a consensus target price of $10.53.

Ford Motor Trading Down 0.7%

NYSE:F traded down $0.08 during mid-day trading on Friday, hitting $11.68. 50,080,669 shares of the company's stock were exchanged, compared to its average volume of 45,111,108. The company has a 50 day simple moving average of $11.47 and a 200-day simple moving average of $10.59. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $11.99. The firm has a market capitalization of $46.48 billion, a P/E ratio of 14.97, a PEG ratio of 3.38 and a beta of 1.52.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, topping the consensus estimate of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. During the same period last year, the company earned $0.47 EPS. The firm's revenue was up 5.0% compared to the same quarter last year. As a group, research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

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

Insider Activity

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

About Ford Motor

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.