Caprock Group LLC Buys New Stake in Ford Motor Company $F

Caprock Group LLC purchased a new position in Ford Motor Company (NYSE:F) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 74,609 shares of the auto manufacturer’s stock, valued at approximately $893,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in F. Norges Bank acquired a new position in Ford Motor during the 2nd quarter valued at about $405,328,000. Marshall Wace LLP increased its position in shares of Ford Motor by 712.7% in the 2nd quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after acquiring an additional 17,164,234 shares during the period. Geode Capital Management LLC raised its stake in Ford Motor by 17.9% in the 2nd quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock worth $1,122,434,000 after acquiring an additional 15,748,694 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Ford Motor by 32.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock worth $318,365,000 after acquiring an additional 7,238,424 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Ford Motor by 3.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock valued at $1,575,118,000 after purchasing an additional 5,118,228 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on F shares. Barclays increased their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. Morgan Stanley lifted their target price on shares of Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Wall Street Zen lowered shares of Ford Motor from a “buy” rating to a “sell” rating in a research report on Saturday. Finally, Citigroup upped their price objective on shares of Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a research report on Monday, October 27th. One equities research 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 issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $13.02.

Ford Motor Price Performance

NYSE:F opened at $14.10 on Monday. Ford Motor Company has a one year low of $8.44 and a one year high of $14.50. The stock has a market cap of $56.16 billion, a PE ratio of -6.84, a P/E/G ratio of 0.34 and a beta of 1.66. The stock has a 50 day moving average price of $13.62 and a 200 day moving average price of $12.68. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, February 10th. The auto manufacturer reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The firm had revenue of $45.89 billion for the quarter, compared to analyst estimates of $41.78 billion. During the same period in the prior year, the business posted $0.39 EPS. The business’s revenue for the quarter was down 4.8% compared to the same quarter last year. Equities research analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 13th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, February 13th. Ford Motor’s payout ratio is -29.13%.

About Ford Motor

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.