Ford Motor (NYSE:F) Shares Purchased by RB Capital Management LLC

RB Capital Management LLC boosted its position in Ford Motor (NYSE:FGet Rating) by 12.9% in the second quarter, Holdings Channel.com reports. The firm owned 30,878 shares of the auto manufacturer’s stock after acquiring an additional 3,539 shares during the quarter. RB Capital Management LLC’s holdings in Ford Motor were worth $344,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Snider Financial Group raised its position in shares of Ford Motor by 100,345.2% during the 1st quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock worth $3,717,000 after purchasing an additional 219,586,336 shares during the last quarter. Norges Bank acquired a new position in shares of Ford Motor during the 4th quarter worth approximately $780,129,000. Vanguard Group Inc. raised its position in shares of Ford Motor by 8.9% during the 1st quarter. Vanguard Group Inc. now owns 325,338,615 shares of the auto manufacturer’s stock worth $5,501,475,000 after purchasing an additional 26,707,784 shares during the last quarter. Capital Research Global Investors acquired a new position in shares of Ford Motor during the 4th quarter worth approximately $108,211,000. Finally, Nuveen Asset Management LLC raised its position in shares of Ford Motor by 36.3% during the 4th quarter. Nuveen Asset Management LLC now owns 16,429,261 shares of the auto manufacturer’s stock worth $341,236,000 after purchasing an additional 4,377,787 shares during the last quarter. 49.89% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Ford Motor from $12.00 to $13.00 in a research note on Thursday, July 28th. TheStreet raised shares of Ford Motor from a “c” rating to a “b-” rating in a research note on Wednesday, July 27th. Morgan Stanley lifted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 2nd. The Goldman Sachs Group lowered their target price on shares of Ford Motor from $18.00 to $14.00 and set a “neutral” rating for the company in a research note on Wednesday, June 1st. Finally, Citigroup lowered their target price on shares of Ford Motor from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday, August 2nd. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average price target of $18.28.

Ford Motor Stock Performance

Shares of F stock opened at $12.77 on Friday. Ford Motor has a 12 month low of $10.61 and a 12 month high of $25.87. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.16 and a quick ratio of 1.00. The firm has a market capitalization of $51.34 billion, a P/E ratio of 4.47, a P/E/G ratio of 0.76 and a beta of 1.29. The company’s fifty day moving average price is $14.74 and its two-hundred day moving average price is $14.28.

Ford Motor (NYSE:FGet Rating) last issued its quarterly earnings data on Wednesday, July 27th. The auto manufacturer reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.24. Ford Motor had a net margin of 7.86% and a return on equity of 16.91%. The firm had revenue of $37.91 billion for the quarter, compared to analyst estimates of $35.17 billion. During the same quarter in the previous year, the business posted $0.13 EPS. The firm’s revenue was up 57.1% compared to the same quarter last year. On average, research analysts anticipate that Ford Motor will post 2.08 earnings per share for the current fiscal year.

Ford Motor Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Stockholders of record on Thursday, August 11th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend was Wednesday, August 10th. This is a positive change from Ford Motor’s previous quarterly dividend of $0.10. Ford Motor’s dividend payout ratio is 20.98%.

Ford Motor Company Profile

(Get Rating)

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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

Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor (NYSE:FGet Rating).

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

Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.