Teza Capital Management LLC Takes $465,000 Position in Ford Motor Company $F

Key Points

• Teza Capital Management LLC acquired a new position in Ford Motor Company, purchasing 46,352 shares valued at approximately $465,000 in the first quarter.
• Ford's recent earnings report showed an EPS of $0.37, exceeding estimates of $0.33, with revenues reaching $50.18 billion, a 5% increase from the previous year.
• The company has declared a quarterly dividend of $0.15, reflecting a 5.1% yield and a payout ratio of 76.92% as of the last report.

Teza Capital Management LLC acquired a new stake in shares of Ford Motor Company (NYSE:F - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 46,352 shares of the auto manufacturer's stock, valued at approximately $465,000.

A number of other hedge funds have also recently bought and sold shares of F. Tounjian Advisory Partners LLC acquired a new stake in Ford Motor in the 1st quarter worth about $974,000. FORA Capital LLC acquired a new stake in Ford Motor in the 1st quarter worth about $7,398,000. Generali Investments CEE investicni spolecnost a.s. boosted its stake in Ford Motor by 25.0% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer's stock worth $3,009,000 after buying an additional 60,000 shares during the last quarter. Quantitative Investment Management LLC acquired a new stake in Ford Motor in the 1st quarter worth about $2,373,000. Finally, Abundance Wealth Counselors boosted its stake in Ford Motor by 32.6% in the 1st quarter. Abundance Wealth Counselors now owns 157,919 shares of the auto manufacturer's stock worth $1,594,000 after buying an additional 38,794 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on F shares. Piper Sandler upped their price target on Ford Motor from $9.00 to $9.50 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. upped their price target on Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Jefferies Financial Group upped their price target on Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a research note on Monday, August 11th. Royal Bank Of Canada upped their price target on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research note on Tuesday, August 5th. Finally, UBS Group upped their target price on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average price target of $10.53.

Ford Motor Stock Down 0.5%

F stock traded down $0.06 during midday trading on Wednesday, hitting $11.44. 42,770,767 shares of the company's stock were exchanged, compared to its average volume of 94,898,016. 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 12-month low of $8.44 and a 12-month high of $11.99. The firm has a 50 day moving average price of $11.48 and a 200-day moving average price of $10.55. The stock has a market capitalization of $45.51 billion, a price-to-earnings ratio of 14.66, a price-to-earnings-growth ratio of 3.36 and a beta of 1.52.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. The business had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The company's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.47 EPS. On average, analysts anticipate that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Monday, August 11th. Ford Motor's dividend payout ratio is 76.92%.

Insider Activity

In other news, insider Andrew Frick sold 30,000 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the sale, the insider owned 113,939 shares in the company, valued at approximately $1,253,329. This represents a 20.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.48% of the company's stock.

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.