Ford Motor Company $F Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership reduced its holdings in Ford Motor Company (NYSE:F) by 93.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 944,460 shares of the auto manufacturer’s stock after selling 13,909,268 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Ford Motor were worth $10,247,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of F. Quantbot Technologies LP bought a new position in Ford Motor in the second quarter worth about $1,017,000. Panagora Asset Management Inc. boosted its position in Ford Motor by 10,682.9% during the 2nd quarter. Panagora Asset Management Inc. now owns 3,065,795 shares of the auto manufacturer’s stock valued at $33,264,000 after purchasing an additional 3,037,363 shares during the period. Prossimo Advisors LLC boosted its position in Ford Motor by 29.1% during the 2nd quarter. Prossimo Advisors LLC now owns 26,391 shares of the auto manufacturer’s stock valued at $286,000 after purchasing an additional 5,947 shares during the period. VestGen Advisors LLC grew its stake in Ford Motor by 103.4% during the 2nd quarter. VestGen Advisors LLC now owns 20,641 shares of the auto manufacturer’s stock worth $224,000 after buying an additional 10,491 shares during the last quarter. Finally, Greenwich Wealth Management LLC increased its position in Ford Motor by 8.4% in the second quarter. Greenwich Wealth Management LLC now owns 368,814 shares of the auto manufacturer’s stock worth $4,002,000 after buying an additional 28,486 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of NYSE F opened at $13.07 on Wednesday. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $13.97. The firm has a market cap of $52.06 billion, a P/E ratio of 11.26 and a beta of 1.60. The stock has a fifty day moving average price of $12.74 and a two-hundred day moving average price of $11.76. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The company had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. During the same quarter in the previous year, the business earned $0.49 EPS. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. Research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Friday, November 7th. Ford Motor’s dividend payout ratio is presently 51.72%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on F shares. Citigroup boosted their price target on shares of Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday, October 27th. Royal Bank Of Canada boosted their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a research note on Friday, October 24th. Evercore ISI raised their price target on shares of Ford Motor from $10.00 to $12.00 and gave the company an “in-line” rating in a research note on Monday, November 24th. Wells Fargo & Company lifted their price target on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Friday, October 24th. Finally, Piper Sandler increased their price objective on Ford Motor from $9.50 to $11.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Three equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $12.04.

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.