Jefferies Financial Group Inc. Increases Holdings in Ford Motor Company $F

Jefferies Financial Group Inc. raised its stake in Ford Motor Company (NYSE:F) by 499.4% during the second quarter, HoldingsChannel reports. The fund owned 238,427 shares of the auto manufacturer’s stock after buying an additional 198,652 shares during the period. Jefferies Financial Group Inc.’s holdings in Ford Motor were worth $3,314,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. MV Capital Management Inc. bought a new position in Ford Motor in the 4th quarter worth about $25,000. McMillan Office Inc. bought a new stake in Ford Motor during the 4th quarter valued at about $26,000. Manning & Napier Advisors LLC bought a new stake in Ford Motor during the 2nd quarter valued at about $31,000. Johnson Financial Group Inc. raised its holdings in Ford Motor by 55.4% in the third 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 during the last quarter. Finally, Legacy Wealth Managment LLC ID lifted its stake in shares of Ford Motor by 108.4% in the first 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. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

F has been the subject of several analyst reports. BNP Paribas Exane raised their price target on shares of Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research note on Wednesday, June 24th. Dbs Bank raised Ford Motor from a “hold” rating to a “moderate buy” rating in a report on Tuesday, August 11th. Wall Street Zen cut Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, The Goldman Sachs Group increased their price objective on Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, June 11th. Eight 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. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $15.68.

Ford Motor Stock Down 0.4%

Shares of Ford Motor stock opened at $13.89 on Friday. Ford Motor Company has a twelve month low of $11.11 and a twelve month high of $17.78. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The company’s 50 day moving average is $14.09 and its 200 day moving average is $13.52. The company has a market cap of $55.39 billion, a price-to-earnings ratio of -7.43, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. The business had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.37 EPS. Research analysts anticipate that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. Ford Motor’s dividend payout ratio is currently -32.09%.

About Ford Motor

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.