Ford Motor Company $F Shares Acquired by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC grew its holdings in Ford Motor Company (NYSE:F) by 201.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 785,153 shares of the auto manufacturer’s stock after acquiring an additional 525,000 shares during the quarter. Quinn Opportunity Partners LLC’s holdings in Ford Motor were worth $9,390,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Norges Bank purchased a new stake in Ford Motor during the second quarter worth approximately $405,328,000. DLD Asset Management LP purchased a new position in Ford Motor in the third quarter valued at approximately $299,000,000. Marshall Wace LLP increased its stake in Ford Motor by 712.7% in the second quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after purchasing an additional 17,164,234 shares during the last quarter. Geode Capital Management LLC raised its holdings in Ford Motor by 17.9% during the second quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock worth $1,122,434,000 after purchasing an additional 15,748,694 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Ford Motor by 1.2% during the third quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock worth $5,592,708,000 after purchasing an additional 5,371,758 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of several research analyst reports. HSBC upped their target price on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a report on Tuesday, January 13th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $12.00 price target on shares of Ford Motor in a research note on Wednesday, February 11th. Zacks Research raised shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. UBS Group upped their price objective on shares of Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Finally, Evercore raised their price objective on Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average target price of $13.29.

Ford Motor Stock Performance

Shares of F opened at $11.67 on Friday. The company’s 50 day simple moving average is $13.56 and its 200-day simple moving average is $12.92. The firm has a market cap of $46.54 billion, a PE ratio of -5.66, a price-to-earnings-growth ratio of 0.28 and a beta of 1.65. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $14.80. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, beating the consensus estimate of $0.06 by $0.07. The firm had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. Ford Motor’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 EPS. As a group, equities analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. Ford Motor’s dividend payout ratio is -29.13%.

Insider Transactions at Ford Motor

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

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.