Quantbot Technologies LP increased its position in Ford Motor Company (NYSE:F – Free Report) by 91.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 179,619 shares of the auto manufacturer’s stock after acquiring an additional 85,848 shares during the period. Quantbot Technologies LP’s holdings in Ford Motor were worth $2,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also added to or reduced their stakes in the company. Corsicana & Co. purchased a new position in shares of Ford Motor in the third quarter worth about $25,000. Salomon & Ludwin LLC increased its holdings in Ford Motor by 86.6% in the 3rd quarter. Salomon & Ludwin LLC now owns 2,333 shares of the auto manufacturer’s stock worth $30,000 after buying an additional 1,083 shares during the period. Capital A Wealth Management LLC increased its holdings in Ford Motor by 990.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 2,279 shares during the period. Country Trust Bank purchased a new position in Ford Motor during the 2nd quarter worth approximately $27,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in Ford Motor during the 2nd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.
Ford Motor Trading Down 5.1%
Shares of Ford Motor stock opened at $12.71 on Wednesday. The firm has a 50-day simple moving average of $13.73 and a two-hundred day simple moving average of $12.91. 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 company has a market cap of $50.71 billion, a P/E ratio of -6.17, a price-to-earnings-growth ratio of 0.32 and a beta of 1.65.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio is presently -29.13%.
Analysts Set New Price Targets
F has been the topic of a number of research reports. UBS Group increased their price objective on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. Royal Bank Of Canada reiterated a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a research note on Wednesday, February 11th. TD Cowen upped their target price on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research note on Tuesday, January 13th. Finally, Wall Street Zen lowered Ford Motor from a “buy” rating to a “sell” rating in a report on Saturday, February 14th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $13.02.
Insider Activity
In other Ford Motor news, insider William Clay Ford, Jr. bought 140,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were purchased at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the transaction, the insider directly owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This represents a 3.71% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.48% of the stock is owned by company insiders.
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.
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