Jacobs Levy Equity Management Inc. Boosts Holdings in Ford Motor (NYSE:F)

Jacobs Levy Equity Management Inc. lifted its position in shares of Ford Motor (NYSE:F - Free Report) by 88.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,512,285 shares of the auto manufacturer's stock after acquiring an additional 10,535,335 shares during the period. Ford Motor makes up about 0.8% of Jacobs Levy Equity Management Inc.'s portfolio, making the stock its 24th largest holding. Jacobs Levy Equity Management Inc. owned approximately 0.57% of Ford Motor worth $222,872,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock valued at $15,998,000 after acquiring an additional 336,720 shares during the period. 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. Principal Financial Group Inc. lifted its position in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock valued at $46,408,000 after purchasing an additional 160,409 shares in the last quarter. Alberta Investment Management Corp boosted its holdings in shares of Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock worth $1,941,000 after buying an additional 91,300 shares during the last quarter. Finally, CHURCHILL MANAGEMENT Corp bought a new position in Ford Motor during the fourth quarter valued at about $10,853,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. StockNews.com raised Ford Motor from a "sell" rating to a "hold" rating in a research report on Monday, May 5th. Piper Sandler decreased their price objective on Ford Motor from $9.00 to $8.50 and set a "neutral" rating on the stock in a research note on Tuesday, May 6th. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. BNP Paribas raised shares of Ford Motor to a "hold" rating in a report on Monday, February 10th. Finally, Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and decreased their price objective for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. 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 company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $10.00.

Ford Motor Stock Performance

NYSE F traded down $0.02 on Tuesday, hitting $10.53. 16,043,495 shares of the company traded hands, compared to its average volume of 111,287,773. The company has a market capitalization of $41.73 billion, a price-to-earnings ratio of 7.21, a P/E/G ratio of 0.61 and a beta of 1.53. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 52-week low of $8.44 and a 52-week high of $14.85. The business's 50 day moving average price is $9.83 and its 200-day moving average price is $10.05.

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

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor's dividend payout ratio is presently 48.00%.

Ford Motor Company 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.