Los Angeles Capital Management LLC Has $1.82 Million Position in Ford Motor Company $F

Los Angeles Capital Management LLC boosted its holdings in Ford Motor Company (NYSE:F) by 42.8% during the fourth quarter, Holdings Channel reports. The fund owned 139,576 shares of the auto manufacturer’s stock after purchasing an additional 41,818 shares during the period. Los Angeles Capital Management LLC’s holdings in Ford Motor were worth $1,823,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in F. Norges Bank acquired a new position in shares of Ford Motor in the fourth quarter valued at $674,437,000. DLD Asset Management LP bought a new position in shares of Ford Motor in the third quarter valued at about $299,000,000. Marshall Wace LLP lifted its stake in shares of Ford Motor by 81.1% during the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after buying an additional 15,866,285 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Ford Motor by 26.9% during the 4th quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock worth $500,572,000 after buying an additional 8,086,564 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in shares of Ford Motor by 190.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,006,776 shares of the auto manufacturer’s stock worth $131,641,000 after buying an additional 7,220,686 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on F shares. The Goldman Sachs Group decreased their price target on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. Citigroup boosted their price objective on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $13.00 price target on shares of Ford Motor in a report on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.41.

Ford Motor Price Performance

NYSE:F opened at $14.31 on Thursday. Ford Motor Company has a 52 week low of $10.38 and a 52 week high of $17.78. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. The firm’s 50-day simple moving average is $13.33 and its 200 day simple moving average is $13.26. The firm has a market cap of $57.00 billion, a price-to-earnings ratio of -9.23, a P/E/G ratio of 0.33 and a beta of 1.79.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The firm had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. During the same quarter in the previous year, the firm posted $0.14 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, sell-side analysts predict that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s payout ratio is -38.71%.

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.