Quinn Opportunity Partners LLC increased its stake in shares of Ford Motor (NYSE:F - Free Report) by 683.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 704,764 shares of the auto manufacturer's stock after acquiring an additional 614,764 shares during the period. Quinn Opportunity Partners LLC's holdings in Ford Motor were worth $6,977,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Hager Investment Management Services LLC acquired a new stake in Ford Motor in the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust purchased a new stake in shares of Ford Motor during the fourth quarter worth approximately $29,000. Flagship Wealth Advisors LLC acquired a new position in Ford Motor in the 4th quarter valued at $30,000. Kentucky Trust Co acquired a new position in Ford Motor in the 4th quarter valued at about $31,000. Finally, Crewe Advisors LLC increased its holdings in shares of Ford Motor by 169.9% during the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock worth $33,000 after buying an additional 2,068 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.
Ford Motor Stock Performance
Shares of F stock traded down $0.28 during trading hours on Tuesday, hitting $9.43. The stock had a trading volume of 69,031,513 shares, compared to its average volume of 70,637,481. The stock's 50 day moving average is $9.57 and its 200 day moving average is $10.16. The firm has a market capitalization of $37.38 billion, a PE ratio of 6.46, a PEG ratio of 0.61 and a beta of 1.41. Ford Motor has a twelve month low of $8.44 and a twelve month high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.
Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating 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%. As a group, research analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.36%. 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. UBS Group cut their target price on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Wells Fargo & Company cut their price objective on Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a report on Thursday, February 6th. Royal Bank of Canada cut their price objective 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. Bank of America cut their target price on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Finally, Jefferies Financial Group downgraded shares of Ford Motor from a "hold" rating to an "underperform" rating and dropped their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $10.30.
View Our Latest Analysis on F
Ford Motor Company Profile
(
Free Report)
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.
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