182,900 Shares in Ford Motor Company $F Bought by Versor Investments LP

Versor Investments LP acquired a new stake in Ford Motor Company (NYSE:F) during the third quarter, according to its most recent filing with the SEC. The firm acquired 182,900 shares of the auto manufacturer’s stock, valued at approximately $2,187,000. Ford Motor comprises about 0.4% of Versor Investments LP’s holdings, making the stock its 23rd largest position.

Other institutional investors also recently bought and sold shares of the company. Trust Co. of Toledo NA OH purchased a new position in shares of Ford Motor during the 2nd quarter worth approximately $25,000. Corsicana & Co. purchased a new stake in shares of Ford Motor in the third quarter valued at approximately $25,000. Country Trust Bank acquired a new position in Ford Motor during the second quarter worth $27,000. Capital A Wealth Management LLC raised its position in Ford Motor by 990.9% in the second quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 2,279 shares in the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new position in Ford Motor in the second quarter worth $30,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on F shares. Piper Sandler upgraded shares of Ford Motor from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $11.00 to $16.00 in a research report on Thursday, January 8th. HSBC boosted their price objective on shares of Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a report on Tuesday, January 13th. Evercore increased their target price on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a report on Monday, December 22nd. Barclays boosted their price target on Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Finally, Wall Street Zen upgraded Ford Motor from a “hold” rating to a “buy” rating in a report on Saturday, December 27th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $13.02.

Ford Motor Trading Down 1.4%

Shares of F opened at $13.60 on Tuesday. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.50. The stock has a market cap of $54.19 billion, a price-to-earnings ratio of 11.72, a price-to-earnings-growth ratio of 5.83 and a beta of 1.66. The firm has a 50 day simple moving average of $13.56 and a 200-day simple moving average of $12.60.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, February 13th. Ford Motor’s payout ratio is 51.72%.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.