GSA Capital Partners LLP Takes $777,000 Position in Ford Motor Company $F

GSA Capital Partners LLP purchased a new position in shares of Ford Motor Company (NYSE:F) in the second quarter, HoldingsChannel.com reports. The fund purchased 55,866 shares of the auto manufacturer’s stock, valued at approximately $777,000.

Several other large investors have also made changes to their positions in F. MV Capital Management Inc. bought a new stake in Ford Motor during the fourth quarter worth $25,000. McMillan Office Inc. bought a new position in shares of Ford Motor in the 4th quarter valued at $26,000. Johnson Financial Group Inc. raised its holdings in shares of Ford Motor by 55.4% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after buying an additional 837 shares in the last quarter. Legacy Wealth Managment LLC ID raised its holdings in shares of Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,230 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC bought a new stake in shares of Ford Motor during the 4th quarter worth $32,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on F shares. Jefferies Financial Group raised Ford Motor from a “hold” rating to a “buy” rating and raised their price objective for the company from $14.50 to $17.50 in a research note on Monday, July 27th. JPMorgan Chase & Co. boosted their target price on Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Wall Street Zen cut shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Royal Bank Of Canada raised their price target on shares of Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 29th. Finally, BNP Paribas Exane lifted their price target on shares of Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a report on Thursday, July 30th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $15.68.

Ford Motor Price Performance

Shares of F opened at $14.48 on Thursday. The business has a 50-day moving average of $14.14 and a 200-day moving average of $13.50. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. The company has a market capitalization of $57.76 billion, a price-to-earnings ratio of -7.75, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82. Ford Motor Company has a 1 year low of $11.11 and a 1 year high of $17.78.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, beating the consensus estimate of $0.33 by $0.09. The business had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm’s revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.37 earnings per share. As a group, equities research analysts anticipate that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor’s dividend payout ratio is currently -32.09%.

Ford Motor 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.