Trexquant Investment LP Sells 112,797 Shares of Ford Motor Company $F

Key Points

• Trexquant Investment LP reduced its stake in Ford Motor Company by 7.6%, selling 112,797 shares, bringing its total holdings to 1,371,296 shares valued at approximately $13.75 million.
• Analysts have mostly maintained a cautious outlook on Ford, with a mix of ratings—two Buy, twelve Hold, and three Sell ratings—while recent reports have seen price objectives adjusted upwards by firms like JPMorgan and Barclays.
• Ford Motor recently announced a quarterly dividend of $0.15, translating to an annual yield of 5.1%, with investors of record set to receive the payment on September 2nd.

Trexquant Investment LP decreased its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 7.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,371,296 shares of the auto manufacturer's stock after selling 112,797 shares during the quarter. Trexquant Investment LP's holdings in Ford Motor were worth $13,754,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of F. Grove Bank & Trust grew its stake in shares of Ford Motor by 289.1% during the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after buying an additional 1,882 shares during the last quarter. Elite Financial Inc. bought a new position in shares of Ford Motor during the first quarter valued at approximately $27,000. Olde Wealth Management LLC bought a new position in shares of Ford Motor during the first quarter valued at approximately $28,000. MorganRosel Wealth Management LLC bought a new position in shares of Ford Motor during the first quarter valued at approximately $30,000. Finally, Spurstone Advisory Services LLC bought a new position in shares of Ford Motor during the fourth quarter valued at approximately $31,000. Institutional investors own 58.74% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Royal Bank Of Canada increased their price objective 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. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Barclays increased their price objective on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 16th. Finally, Citigroup increased their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and an average price target of $10.53.

Ford Motor Stock Down 1.6%

Ford Motor stock opened at $11.72 on Friday. The business has a fifty day moving average of $11.33 and a two-hundred day moving average of $10.41. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. The firm has a market cap of $46.62 billion, a P/E ratio of 15.02, a P/E/G ratio of 3.41 and a beta of 1.48. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $11.99.

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

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be paid a $0.15 dividend. The ex-dividend date is Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 5.1%. Ford Motor's dividend payout ratio (DPR) is 76.92%.

Insider Transactions at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, the insider owned 113,939 shares in the company, valued at $1,253,329. This trade represents a 20.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.48% of the stock is owned by company insiders.

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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