Ford Motor Company $F Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP raised its position in Ford Motor Company (NYSE:F) by 91.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 179,619 shares of the auto manufacturer’s stock after acquiring an additional 85,848 shares during the quarter. Quantbot Technologies LP’s holdings in Ford Motor were worth $2,148,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Corsicana & Co. purchased a new position in shares of Ford Motor in the third quarter valued at approximately $25,000. Country Trust Bank acquired a new position in Ford Motor in the 2nd quarter valued at $27,000. Capital A Wealth Management LLC lifted its holdings in Ford Motor by 990.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 2,279 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Ford Motor during the 2nd quarter worth $30,000. Finally, Salomon & Ludwin LLC grew its holdings in shares of Ford Motor by 86.6% during the third quarter. Salomon & Ludwin LLC now owns 2,333 shares of the auto manufacturer’s stock worth $30,000 after buying an additional 1,083 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Down 5.1%

Shares of NYSE F opened at $12.71 on Wednesday. The company has a market capitalization of $50.71 billion, a P/E ratio of -6.17, a P/E/G ratio of 0.32 and a beta of 1.65. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. The company has a 50 day simple moving average of $13.73 and a 200-day simple moving average of $12.91. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $14.80.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.07. The company had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The firm’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 earnings per share. On average, equities research analysts predict that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

Insider Buying and Selling

In related news, insider William Clay Ford, Jr. bought 140,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were bought at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the transaction, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. This represents a 3.71% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.48% of the stock is owned by insiders.

Wall Street Analyst Weigh In

F has been the topic of several research reports. Piper Sandler raised shares of Ford Motor from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $11.00 to $16.00 in a research note on Thursday, January 8th. UBS Group raised their target price on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Royal Bank Of Canada restated a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a report on Wednesday, February 11th. JPMorgan Chase & Co. increased their price target on Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. Finally, Wall Street Zen lowered Ford Motor from a “buy” rating to a “sell” rating in a research note on Saturday, February 14th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $13.02.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.