Inceptionr LLC Raises Stock Position in Ford Motor Company $F

Inceptionr LLC boosted its stake in shares of Ford Motor Company (NYSE:F) by 323.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 86,053 shares of the auto manufacturer’s stock after acquiring an additional 65,731 shares during the period. Inceptionr LLC’s holdings in Ford Motor were worth $1,029,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Norges Bank purchased a new position in shares of Ford Motor in the second quarter valued at approximately $405,328,000. Marshall Wace LLP increased its position in shares of Ford Motor by 712.7% during the second quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock worth $212,361,000 after purchasing an additional 17,164,234 shares in the last quarter. Geode Capital Management LLC raised its stake in Ford Motor by 17.9% in the 2nd quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock valued at $1,122,434,000 after purchasing an additional 15,748,694 shares during the last quarter. Vanguard Group Inc. raised its stake in Ford Motor by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock valued at $5,592,708,000 after purchasing an additional 5,371,758 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Ford Motor by 3.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock valued at $1,575,118,000 after purchasing an additional 5,118,228 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. Barclays boosted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Bank of America began coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They set a “buy” rating and a $17.00 price objective for the company. Finally, TD Cowen increased their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus target price of $13.29.

Ford Motor Stock Up 0.0%

Shares of NYSE:F opened at $12.16 on Tuesday. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $14.80. The stock has a market cap of $48.49 billion, a P/E ratio of -5.90, a PEG ratio of 0.28 and a beta of 1.65. The business has a fifty day moving average of $13.66 and a two-hundred day moving average of $12.93. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. The business had revenue of $45.89 billion for the quarter, compared to analyst estimates of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The company’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 EPS. On average, research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 4.9%. Ford Motor’s payout ratio is -29.13%.

Insiders Place Their Bets

In other news, insider William Clay Ford, Jr. bought 140,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the acquisition, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. This trade represents a 3.71% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.48% of the stock is owned by insiders.

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.