Oxford Asset Management LLP Makes New Investment in Ford Motor (NYSE:F)

Oxford Asset Management LLP acquired a new position in Ford Motor (NYSE:F) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 33,408 shares of the auto manufacturer’s stock, valued at approximately $331,000.

A number of other institutional investors also recently made changes to their positions in the business. Virtu Financial LLC bought a new stake in Ford Motor during the 3rd quarter valued at $1,045,000. Sculati Wealth Management LLC grew its stake in shares of Ford Motor by 4.7% in the third quarter. Sculati Wealth Management LLC now owns 37,774 shares of the auto manufacturer’s stock worth $399,000 after purchasing an additional 1,709 shares during the last quarter. World Investment Advisors LLC increased its holdings in Ford Motor by 31.8% during the 3rd quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer’s stock valued at $350,000 after purchasing an additional 8,000 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Ford Motor during the 3rd quarter valued at approximately $192,000. Finally, Tidal Investments LLC lifted its holdings in Ford Motor by 79.4% in the 3rd quarter. Tidal Investments LLC now owns 302,940 shares of the auto manufacturer’s stock worth $3,199,000 after buying an additional 134,042 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $10.04 on Monday. The company has a 50-day moving average price of $9.64 and a 200 day moving average price of $10.10. Ford Motor has a 12-month low of $8.44 and a 12-month 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 stock has a market cap of $39.79 billion, a P/E ratio of 6.88, a PEG ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Citigroup initiated coverage on shares of Ford Motor in a research report on Wednesday, April 23rd. They set a “neutral” rating and a $10.00 price target on the stock. UBS Group lowered their price target on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. TD Cowen began coverage on shares of Ford Motor in a research note on Friday, March 7th. They issued a “hold” rating and a $10.00 target price on the stock. Finally, Sanford C. Bernstein downgraded shares of Ford Motor from a “market perform” rating to an “underperform” rating and reduced their price target for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Five analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $9.77.

Ford Motor 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.