Worldquant Millennium Advisors LLC Has $88.65 Million Position in Ford Motor (NYSE:F)

Worldquant Millennium Advisors LLC grew its holdings in shares of Ford Motor (NYSE:F - Free Report) by 70.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,954,748 shares of the auto manufacturer's stock after acquiring an additional 3,703,206 shares during the period. Worldquant Millennium Advisors LLC owned 0.23% of Ford Motor worth $88,652,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of Ford Motor in the 4th quarter valued at about $29,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Ford Motor in the 4th quarter valued at about $30,000. Spurstone Advisory Services LLC acquired a new stake in shares of Ford Motor in the 4th quarter valued at about $31,000. Finally, Kentucky Trust Co acquired a new stake in shares of Ford Motor in the 4th quarter valued at about $31,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

F has been the subject of several research reports. The Goldman Sachs Group raised their target price on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Barclays lifted their price target on Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. lifted their price target on Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Piper Sandler cut their price target on Ford Motor from $9.00 to $8.50 and set a "neutral" rating for the company in a research note on Tuesday, May 6th. Finally, TD Cowen began coverage on Ford Motor in a research note on Friday, March 7th. They set a "hold" rating and a $10.00 price target for the company. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $10.00.

Ford Motor Trading Down 0.6%

NYSE:F opened at $10.74 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $42.57 billion, a PE ratio of 7.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. The firm's 50 day moving average is $9.93 and its 200 day moving average is $10.05. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The company had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Ford Motor's revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 EPS. Sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.59%. Ford Motor's payout ratio is 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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