Acadian Asset Management LLC Purchases 153,128 Shares of Ford Motor Company $F

Acadian Asset Management LLC increased its position in Ford Motor Company (NYSE:F) by 86.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 329,305 shares of the auto manufacturer’s stock after buying an additional 153,128 shares during the quarter. Acadian Asset Management LLC’s holdings in Ford Motor were worth $3,569,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Trust Co. of Toledo NA OH purchased a new position in shares of Ford Motor in the second quarter valued at about $25,000. Atlantic Union Bankshares Corp bought a new stake in shares of Ford Motor in the second quarter worth about $30,000. WPG Advisers LLC purchased a new position in Ford Motor during the 1st quarter valued at about $33,000. Rise Advisors LLC increased its holdings in Ford Motor by 316.5% during the 1st quarter. Rise Advisors LLC now owns 3,303 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,510 shares during the period. Finally, AlphaQuest LLC raised its position in Ford Motor by 1,018.5% during the 2nd quarter. AlphaQuest LLC now owns 3,087 shares of the auto manufacturer’s stock valued at $33,000 after purchasing an additional 2,811 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Royal Bank Of Canada lifted their price objective on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, October 24th. Barclays lifted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, October 27th. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. UBS Group raised their target price on shares of Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Finally, Wall Street Zen upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $11.73.

Ford Motor Trading Down 0.6%

F opened at $13.20 on Friday. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The firm has a market cap of $52.58 billion, a price-to-earnings ratio of 11.38, a PEG ratio of 4.03 and a beta of 1.60. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $13.97. The stock has a fifty day moving average price of $12.30 and a 200-day moving average price of $11.43.

Ford Motor (NYSE:F) last announced its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The business had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The firm’s revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 earnings per share. As a group, equities research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.5%. Ford Motor’s dividend payout ratio is presently 51.72%.

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.