Gotham Asset Management LLC Has $3.91 Million Stock Position in Ford Motor (NYSE:F)

Gotham Asset Management LLC raised its position in Ford Motor (NYSE:F - Free Report) by 134.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 395,334 shares of the auto manufacturer's stock after acquiring an additional 226,886 shares during the period. Gotham Asset Management LLC's holdings in Ford Motor were worth $3,914,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. NCP Inc. boosted its stake in Ford Motor by 62.0% during the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after purchasing an additional 28,528 shares during the last quarter. Alberta Investment Management Corp lifted its stake in Ford Motor by 87.1% during the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock valued at $1,941,000 after acquiring an additional 91,300 shares in the last quarter. CHURCHILL MANAGEMENT Corp purchased a new position in Ford Motor during the 4th quarter worth $10,853,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Ford Motor by 12.3% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer's stock worth $4,511,000 after acquiring an additional 49,844 shares in the last quarter. Finally, ABC Arbitrage SA purchased a new stake in shares of Ford Motor in the fourth quarter valued at about $1,012,000. Institutional investors own 58.74% of the company's stock.

Ford Motor Stock Performance

NYSE:F opened at $10.66 on Thursday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The company has a market capitalization of $42.25 billion, a P/E ratio of 7.30, a P/E/G ratio of 0.61 and a beta of 1.53. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85. The business has a fifty day simple moving average of $9.87 and a two-hundred day simple moving average of $10.05.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.16. The company 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 3.18% and a return on equity of 16.88%. Ford Motor's revenue for the quarter was down 6.2% on a year-over-year basis. During the same period last year, the firm earned $0.49 EPS. On average, analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.63%. Ford Motor's dividend payout ratio is currently 48.00%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on F. BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a report on Monday, February 10th. Evercore ISI dropped their target price on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research report on Monday, February 10th. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Bank of America decreased their price target on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research report on Thursday, February 6th. Finally, Piper Sandler dropped their price target on Ford Motor from $9.00 to $8.50 and set a "neutral" rating on the stock in a report on Tuesday, May 6th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $10.00.

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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