Range Financial Group LLC Invests $1.54 Million in Ford Motor (NYSE:F)

Range Financial Group LLC purchased a new position in Ford Motor (NYSE:F - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 153,923 shares of the auto manufacturer's stock, valued at approximately $1,544,000.

Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares during the last quarter. Norges Bank acquired a new position in Ford Motor in the 4th quarter worth about $387,282,000. Jacobs Levy Equity Management Inc. increased its position in Ford Motor by 88.0% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after purchasing an additional 10,535,335 shares during the last quarter. Voloridge Investment Management LLC increased its position in Ford Motor by 2,905.1% in the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock worth $79,096,000 after purchasing an additional 7,723,601 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares during the last quarter. Institutional investors own 58.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on F shares. UBS Group lowered their price objective on Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Citigroup raised their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. Barclays raised their price objective on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. TD Cowen assumed coverage on Ford Motor in a research report on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective for the company. Finally, The Goldman Sachs Group raised their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $10.03.

Ford Motor Trading Up 1.6%

Shares of F opened at $10.26 on Monday. The stock has a fifty day moving average price of $10.01 and a two-hundred day moving average price of $9.99. 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 has a 52-week low of $8.44 and a 52-week high of $14.85. The company has a market cap of $40.80 billion, a price-to-earnings ratio of 7.03, a PEG ratio of 0.61 and a beta of 1.50.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. During the same quarter in the previous year, the company posted $0.49 EPS. The business's revenue for the quarter was down 6.2% compared to the same quarter last year. Analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.85%. Ford Motor's dividend payout ratio (DPR) is currently 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.

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