Parametrica Management Ltd Makes New $357,000 Investment in Ford Motor (NYSE:F)

Parametrica Management Ltd acquired a new position in Ford Motor (NYSE:F - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 36,100 shares of the auto manufacturer's stock, valued at approximately $357,000. Ford Motor comprises 0.5% of Parametrica Management Ltd's investment portfolio, making the stock its 29th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after acquiring an additional 57,182,803 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock valued at $1,278,153,000 after buying an additional 6,497,321 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in shares of Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer's stock valued at $126,477,000 after acquiring an additional 6,348,185 shares during the period. Worldquant Millennium Advisors LLC purchased a new position in shares of Ford Motor in the 3rd quarter valued at about $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in Ford Motor by 420.2% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer's stock worth $63,812,000 after purchasing an additional 4,881,105 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

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Ford Motor Trading Down 1.8 %

Ford Motor stock traded down $0.18 during midday trading on Friday, hitting $9.73. 136,793,571 shares of the stock were exchanged, compared to its average volume of 64,809,757. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The stock's 50-day simple moving average is $9.75 and its 200 day simple moving average is $10.28. Ford Motor has a fifty-two week low of $9.06 and a fifty-two week high of $14.85. The stock has a market capitalization of $38.54 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.17%. Ford Motor's dividend payout ratio is currently 41.10%.

Analysts Set New Price Targets

F has been the subject of several recent analyst reports. TD Cowen initiated coverage on shares of Ford Motor in a report on Friday, March 7th. They issued a "hold" rating and a $10.00 price target for the company. Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and lowered their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Piper Sandler reduced their target price on Ford Motor from $13.00 to $9.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. Royal Bank of Canada decreased their target price on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 6th. Finally, Evercore ISI dropped their price target on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $11.37.

Ford Motor 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.