Quantbot Technologies LP Acquires 166,617 Shares of Ford Motor (NYSE:F)

Quantbot Technologies LP raised its stake in shares of Ford Motor (NYSE:F) by 1,157.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 181,006 shares of the auto manufacturer’s stock after purchasing an additional 166,617 shares during the period. Quantbot Technologies LP’s holdings in Ford Motor were worth $1,911,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Olistico Wealth LLC bought a new stake in Ford Motor in the 2nd quarter worth about $25,000. Family Firm Inc. bought a new position in shares of Ford Motor in the second quarter valued at approximately $26,000. Quarry LP purchased a new stake in shares of Ford Motor during the second quarter valued at approximately $27,000. Ridgewood Investments LLC bought a new stake in Ford Motor during the second quarter worth $28,000. Finally, Kimelman & Baird LLC purchased a new position in Ford Motor in the second quarter worth $30,000. 58.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on F shares. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Wells Fargo & Company dropped their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Wolfe Research assumed coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Performance

Shares of F opened at $11.10 on Friday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a market cap of $44.11 billion, a PE ratio of 12.61, a P/E/G ratio of 2.08 and a beta of 1.62. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The business’s 50-day moving average price is $10.85 and its 200-day moving average price is $11.44.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 EPS. On average, equities analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.41%. Ford Motor’s dividend payout ratio is currently 68.18%.

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.