Blueshift Asset Management LLC Boosts Holdings in Ford Motor (NYSE:F)

Blueshift Asset Management LLC boosted its holdings in shares of Ford Motor (NYSE:F) by 33.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 143,674 shares of the auto manufacturer’s stock after buying an additional 35,809 shares during the quarter. Blueshift Asset Management LLC’s holdings in Ford Motor were worth $1,517,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its stake in shares of Ford Motor by 1.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after buying an additional 59,082 shares during the period. Tidal Investments LLC lifted its position in shares of Ford Motor by 9.7% during the 1st quarter. Tidal Investments LLC now owns 155,875 shares of the auto manufacturer’s stock worth $2,070,000 after purchasing an additional 13,820 shares during the last quarter. Comerica Bank grew its stake in shares of Ford Motor by 5.2% during the first quarter. Comerica Bank now owns 850,984 shares of the auto manufacturer’s stock worth $11,301,000 after purchasing an additional 42,241 shares in the last quarter. iA Global Asset Management Inc. increased its holdings in Ford Motor by 62.6% in the first quarter. iA Global Asset Management Inc. now owns 74,832 shares of the auto manufacturer’s stock valued at $994,000 after buying an additional 28,807 shares during the last quarter. Finally, Plato Investment Management Ltd raised its stake in Ford Motor by 280.6% in the first quarter. Plato Investment Management Ltd now owns 115,172 shares of the auto manufacturer’s stock valued at $1,529,000 after buying an additional 84,909 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on F. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Wells Fargo & Company cut their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Finally, Barclays decreased their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $12.02.

Ford Motor Trading Down 2.6 %

Shares of Ford Motor stock opened at $11.10 on Wednesday. The company has a 50-day moving average of $10.85 and a two-hundred day moving average of $11.44. The stock has a market cap of $44.11 billion, a PE ratio of 12.61, a price-to-earnings-growth ratio of 2.08 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same period in the prior year, the company earned $0.39 EPS. The firm’s revenue was up 5.5% on a year-over-year basis. On average, research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.41%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

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.