Jacobs Levy Equity Management Inc. Grows Position in Ford Motor (NYSE:F)

Jacobs Levy Equity Management Inc. boosted its stake in shares of Ford Motor (NYSE:F) by 88.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,512,285 shares of the auto manufacturer’s stock after purchasing an additional 10,535,335 shares during the period. Ford Motor makes up approximately 0.8% of Jacobs Levy Equity Management Inc.’s portfolio, making the stock its 24th biggest 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.

A number of other hedge funds also recently made changes to their positions in F. Hager Investment Management Services LLC acquired a new stake in shares of Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor in the 4th quarter valued at $29,000. Flagship Wealth Advisors LLC purchased a new position in Ford Motor in the fourth quarter valued at about $30,000. Kentucky Trust Co acquired a new position in shares of Ford Motor during the fourth quarter worth about $31,000. Finally, Crewe Advisors LLC boosted its position in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,068 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the topic of several analyst reports. Bank of America dropped their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Piper Sandler reduced their target price on shares of Ford Motor from $9.00 to $8.50 and set a “neutral” rating on the stock in a research report on Tuesday, May 6th. Barclays upped their target price on shares of Ford Motor from $8.00 to $9.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 6th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Finally, Evercore ISI decreased their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $10.00.

Ford Motor Price Performance

Shares of F opened at $10.45 on Friday. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. 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 firm has a market cap of $41.42 billion, a price-to-earnings ratio of 7.16, a PEG ratio of 0.61 and a beta of 1.53. The stock has a 50 day moving average of $9.81 and a 200-day moving average of $10.06.

Ford Motor (NYSE:F) last released its quarterly earnings data 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 firm 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%. The firm’s revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 earnings per share. As a group, analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed 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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.74%. 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.