Worldquant Millennium Advisors LLC increased its holdings in shares of Ford Motor (NYSE:F - Free Report) by 70.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,954,748 shares of the auto manufacturer's stock after buying an additional 3,703,206 shares during the quarter. Worldquant Millennium Advisors LLC owned 0.23% of Ford Motor worth $88,652,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of F. Tallon Kerry Patrick bought a new stake in shares of Ford Motor during the 4th quarter worth $116,000. Merit Financial Group LLC lifted its position in shares of Ford Motor by 22.8% during the 4th quarter. Merit Financial Group LLC now owns 54,798 shares of the auto manufacturer's stock worth $542,000 after buying an additional 10,181 shares during the last quarter. Moss Adams Wealth Advisors LLC lifted its position in shares of Ford Motor by 13.9% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 15,185 shares of the auto manufacturer's stock worth $150,000 after buying an additional 1,857 shares during the last quarter. RoundAngle Advisors LLC bought a new stake in shares of Ford Motor during the 4th quarter worth $866,000. Finally, M.E. Allison & CO. Inc. bought a new stake in shares of Ford Motor during the 4th quarter worth $513,000. 58.74% of the stock is currently owned by institutional investors.
Ford Motor Trading Down 0.8%
Shares of F stock traded down $0.08 on Friday, hitting $10.36. The company had a trading volume of 80,479,054 shares, compared to its average volume of 76,506,754. The firm has a market cap of $41.20 billion, a P/E ratio of 7.10, a P/E/G ratio of 0.61 and a beta of 1.53. The stock's 50-day moving average is $9.98 and its two-hundred day moving average is $10.06. 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 twelve month low of $8.44 and a twelve month high of $14.85.
Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 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 company had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. During the same quarter in the prior year, the company earned $0.49 EPS. The firm's revenue for the quarter was down 6.2% compared to the same quarter last year. On average, equities research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 5.79%. Ford Motor's payout ratio is 48.00%.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on F shares. TD Cowen started coverage on Ford Motor in a report on Friday, March 7th. They issued a "hold" rating and a $10.00 target price for the company. Wall Street Zen cut Ford Motor from a "hold" rating to a "sell" rating in a report on Saturday. Citigroup upped their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Piper Sandler upped their target price on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a report on Thursday. Finally, Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and lowered their target price for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $10.03.
View Our Latest Report on F
About Ford Motor
(
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.
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