North Forty Two & Co. Makes New $243,000 Investment in Ford Motor (NYSE:F)

North Forty Two & Co. acquired a new position in shares of Ford Motor (NYSE:F) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,512 shares of the auto manufacturer’s stock, valued at approximately $243,000.

A number of other large investors have also recently bought and sold shares of F. Charles Schwab Investment Management Inc. grew its stake in Ford Motor by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after buying an additional 6,497,321 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after buying an additional 6,348,185 shares in the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in Ford Motor during the third quarter worth about $55,456,000. Caisse DE Depot ET Placement DU Quebec grew its stake in Ford Motor by 420.2% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock worth $63,812,000 after buying an additional 4,881,105 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Ford Motor by 1.7% during the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock worth $863,009,000 after buying an additional 1,336,676 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Up 0.3 %

NYSE:F opened at $9.95 on Wednesday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The firm’s 50 day simple moving average is $9.71 and its 200 day simple moving average is $10.31. The company has a market cap of $39.42 billion, a PE ratio of 6.81, a P/E/G ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.03%. Ford Motor’s payout ratio is 41.10%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on F shares. TD Cowen initiated coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a “hold” rating and a $10.00 price objective on the stock. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. JPMorgan Chase & Co. reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $11.68.

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.