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Ford Motor Company (NYSE:F) Shares Bought by Wealthfront Advisers LLC

Ford Motor logo with Auto/Tires/Trucks background

Wealthfront Advisers LLC lifted its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 25.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 669,604 shares of the auto manufacturer's stock after purchasing an additional 134,784 shares during the quarter. Wealthfront Advisers LLC's holdings in Ford Motor were worth $6,716,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of F. Vanguard Group Inc. boosted its stake in shares of Ford Motor by 16.6% during the 4th 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. Geode Capital Management LLC boosted its stake in Ford Motor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock valued at $830,662,000 after purchasing an additional 2,089,127 shares during the period. Dimensional Fund Advisors LP raised its holdings in Ford Motor by 11.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after acquiring an additional 4,925,993 shares in the last quarter. Norges Bank acquired a new position in Ford Motor in the 4th quarter valued at $387,282,000. Finally, Northern Trust Corp raised its holdings in Ford Motor by 11.0% in the 4th quarter. Northern Trust Corp now owns 37,314,829 shares of the auto manufacturer's stock valued at $369,417,000 after acquiring an additional 3,699,857 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Performance

NYSE F traded up $0.02 on Friday, reaching $11.17. 68,705,251 shares of the company's stock traded hands, compared to its average volume of 105,366,625. The stock has a 50 day moving average price of $10.79 and a 200-day moving average price of $10.11. The firm has a market cap of $44.42 billion, a price-to-earnings ratio of 8.94, a P/E/G ratio of 0.97 and a beta of 1.49. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $14.50. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13.

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 for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The company's revenue was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 earnings per share. Equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.37%. Ford Motor's dividend payout ratio is presently 48.00%.

Insider Transactions at Ford Motor

In related 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 transaction of $330,000.00. Following the completion of the sale, the insider owned 113,939 shares of the company's stock, valued at approximately $1,253,329. This represents a 20.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.48% of the company's stock.

Analysts Set New Price Targets

F has been the subject of several recent research reports. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and decreased their price target for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. The Goldman Sachs Group increased their price target on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, May 6th. JPMorgan Chase & Co. raised their target price on Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. UBS Group raised their price target on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a report on Monday. Finally, Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $10.30.

Get Our Latest Report on Ford Motor

Ford Motor Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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