Acadian Asset Management LLC Purchases 32,290 Shares of Ford Motor Company $F

Acadian Asset Management LLC lifted its position in Ford Motor Company (NYSE:F) by 22.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 176,177 shares of the auto manufacturer’s stock after acquiring an additional 32,290 shares during the period. Acadian Asset Management LLC’s holdings in Ford Motor were worth $1,766,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Grove Bank & Trust raised its position in shares of Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,882 shares in the last quarter. Elite Financial Inc. bought a new position in Ford Motor during the 1st quarter valued at approximately $27,000. Olde Wealth Management LLC bought a new position in Ford Motor during the 1st quarter valued at approximately $28,000. MorganRosel Wealth Management LLC bought a new position in Ford Motor during the 1st quarter valued at approximately $30,000. Finally, Wood Tarver Financial Group LLC bought a new position in Ford Motor during the 4th quarter valued at approximately $31,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

NYSE F opened at $11.61 on Wednesday. The company has a market capitalization of $46.21 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of 3.36 and a beta of 1.52. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The business’s fifty day moving average is $11.47 and its 200 day moving average is $10.63. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $11.99.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. The company had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.Ford Motor’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.47 earnings per share. Sell-side analysts predict that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were given a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.2%. Ford Motor’s payout ratio is 76.92%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on F. JPMorgan Chase & Co. raised their price objective on Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. Dbs Bank lowered Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Barclays raised their price objective on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Finally, Royal Bank Of Canada increased their target price on Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 5th. Two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of “Reduce” and an average price target of $10.53.

Insider Buying and Selling

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the sale, the insider directly owned 113,939 shares of the company’s stock, valued at $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.48% of the stock is currently owned by corporate insiders.

Ford Motor Company 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.