Machina Capital S.A.S. Buys New Position in Ford Motor Company $F

Machina Capital S.A.S. bought a new stake in shares of Ford Motor Company (NYSE:F) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 20,585 shares of the auto manufacturer’s stock, valued at approximately $223,000.

Several other hedge funds have also recently added to or reduced their stakes in F. Vanguard Group Inc. boosted its stake in Ford Motor by 13.8% during the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock valued at $4,590,333,000 after purchasing an additional 55,576,478 shares during the period. Pacer Advisors Inc. boosted its stake in Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock valued at $492,253,000 after purchasing an additional 48,378,444 shares during the period. Nuveen LLC bought a new stake in Ford Motor during the 1st quarter valued at approximately $123,147,000. Charles Schwab Investment Management Inc. boosted its stake in Ford Motor by 8.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock valued at $1,404,741,000 after purchasing an additional 10,947,527 shares during the period. Finally, Aberdeen Group plc boosted its stake in Ford Motor by 150.6% during the 1st quarter. Aberdeen Group plc now owns 7,264,106 shares of the auto manufacturer’s stock valued at $72,169,000 after purchasing an additional 4,365,125 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of F stock opened at $12.79 on Wednesday. The stock has a 50 day moving average of $12.06 and a two-hundred day moving average of $11.27. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $13.97. The company has a market capitalization of $50.94 billion, a P/E ratio of 11.02, a P/E/G ratio of 4.03 and a beta of 1.53.

Ford Motor (NYSE:F) last issued its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business had revenue of $50.53 billion during the quarter, compared to analysts’ expectations of $43.08 billion. During the same period in the prior year, the firm posted $0.49 EPS. Ford Motor’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, equities analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.7%. Ford Motor’s dividend payout ratio is presently 51.72%.

Analysts Set New Price Targets

F has been the subject of several recent analyst reports. Dbs Bank downgraded Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ford Motor in a research report on Tuesday, October 14th. UBS Group raised their price objective on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Finally, Wells Fargo & Company raised their price objective on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $11.73.

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.