Life Cycle Investment Partners Ltd acquired a new position in shares of Ford Motor Company (NYSE:F – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,528,324 shares of the auto manufacturer’s stock, valued at approximately $33,172,000.
Other large investors have also modified their holdings of the company. Caxton Associates LLP acquired a new stake in shares of Ford Motor in the first quarter worth $304,000. Empowered Funds LLC boosted its position in shares of Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after buying an additional 43,385 shares during the period. Jump Financial LLC acquired a new stake in shares of Ford Motor in the second quarter worth $172,000. NewEdge Advisors LLC boosted its position in shares of Ford Motor by 26.3% in the second quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock worth $2,907,000 after buying an additional 55,741 shares during the period. Finally, Treasurer of the State of North Carolina boosted its position in shares of Ford Motor by 1.5% in the second quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock worth $19,786,000 after buying an additional 26,526 shares during the period. 58.74% of the stock is owned by institutional investors.
Ford Motor Price Performance
Shares of NYSE:F opened at $14.93 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. Ford Motor Company has a 1 year low of $9.88 and a 1 year high of $14.95. The business has a fifty day simple moving average of $12.29 and a 200 day simple moving average of $13.03. The firm has a market cap of $59.47 billion, a price-to-earnings ratio of -9.63, a P/E/G ratio of 0.33 and a beta of 1.65.
Ford Motor Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on F. TD Cowen decreased their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, May 1st. The Goldman Sachs Group decreased their target price on Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a research report on Wednesday, May 13th. Finally, Bank of America began coverage on Ford Motor in a research report on Wednesday, March 4th. They issued a “buy” rating and a $17.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.56.
Read Our Latest Research Report on F
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.
Featured Stories
- Five stocks we like better than Ford Motor
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:F – Free Report).
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.
