WINTON GROUP Ltd Acquires Shares of 751,116 Ford Motor Company $F

WINTON GROUP Ltd acquired a new stake in shares of Ford Motor Company (NYSE:F) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 751,116 shares of the auto manufacturer’s stock, valued at approximately $9,855,000.

A number of other large investors have also added to or reduced their stakes in F. Grove Bank & Trust raised its stake in Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,000 shares during the last quarter. Olistico Wealth LLC purchased a new position in Ford Motor during the fourth quarter valued at $26,000. Johnson Financial Group Inc. raised its stake in Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after buying an additional 837 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. purchased a new position in Ford Motor during the fourth quarter valued at $29,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in Ford Motor during the third quarter valued at $32,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 2.8%

Ford Motor stock opened at $14.91 on Friday. The firm has a market cap of $59.39 billion, a price-to-earnings ratio of -9.62, a PEG ratio of 0.33 and a beta of 1.79. The stock has a fifty day simple moving average of $13.12 and a two-hundred day simple moving average of $13.22. Ford Motor Company has a 12 month low of $10.15 and a 12 month high of $17.78. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The business had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 EPS. Equities analysts predict that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.0%. Ford Motor’s payout ratio is presently -38.71%.

Wall Street Analysts Forecast Growth

F has been the subject of a number of recent research reports. Royal Bank Of Canada reiterated a “sector perform” rating and set a $13.00 price objective on shares of Ford Motor in a research note on Friday, May 15th. Wall Street Zen lowered Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a report on Friday, March 27th. TD Cowen reduced their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a report on Friday, May 1st. Finally, Wells Fargo & Company reduced their target price on Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a report on Tuesday, March 31st. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Ford Motor currently has an average rating of “Hold” and a consensus target price of $14.20.

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.