Ford Motor Company $F Shares Bought by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC raised its position in shares of Ford Motor Company (NYSE:F) by 201.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 785,153 shares of the auto manufacturer’s stock after buying an additional 525,000 shares during the period. Quinn Opportunity Partners LLC’s holdings in Ford Motor were worth $9,390,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Norges Bank purchased a new stake in shares of Ford Motor in the 2nd quarter valued at $405,328,000. DLD Asset Management LP purchased a new position in Ford Motor during the 3rd quarter valued at about $299,000,000. Marshall Wace LLP boosted its holdings in Ford Motor by 712.7% during the 2nd quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after acquiring an additional 17,164,234 shares during the period. Geode Capital Management LLC grew its position 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 acquiring an additional 15,748,694 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Ford Motor by 1.2% during the third quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock worth $5,592,708,000 after purchasing an additional 5,371,758 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider William Clay Ford, Jr. acquired 140,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was acquired at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the transaction, the insider owned 3,912,600 shares in the company, valued at approximately $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.48% of the company’s stock.

Ford Motor Stock Down 3.1%

F stock opened at $11.67 on Friday. The company’s 50 day moving average price is $13.56 and its 200 day moving average price is $12.92. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $14.80. The firm has a market capitalization of $46.54 billion, a price-to-earnings ratio of -5.66, a PEG ratio of 0.28 and a beta of 1.65.

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

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

Wall Street Analyst Weigh In

Several research firms have recently commented on F. Evercore raised their price objective on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a research note on Monday, December 22nd. Barclays upped their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. UBS Group increased their target price on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. JPMorgan Chase & Co. raised their price target on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $13.29.

Ford Motor Company 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.