AQR Capital Management LLC Sells 1,531,716 Shares of Ford Motor (NYSE:F)

AQR Capital Management LLC reduced its stake in Ford Motor (NYSE:F) by 52.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,403,835 shares of the auto manufacturer’s stock after selling 1,531,716 shares during the period. AQR Capital Management LLC’s holdings in Ford Motor were worth $13,898,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Hager Investment Management Services LLC bought a new position in shares of Ford Motor in the 4th quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new stake in Ford Motor in the fourth quarter valued at approximately $29,000. Flagship Wealth Advisors LLC bought a new stake in shares of Ford Motor during the fourth quarter worth $30,000. Kentucky Trust Co acquired a new position in shares of Ford Motor during the fourth quarter worth $31,000. Finally, Crewe Advisors LLC lifted its stake in shares of Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,068 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 0.8 %

NYSE:F opened at $10.20 on Tuesday. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The stock has a market capitalization of $40.43 billion, a price-to-earnings ratio of 6.99, a PEG ratio of 0.61 and a beta of 1.41. The firm has a fifty day simple moving average of $9.73 and a two-hundred day simple moving average of $10.07.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The firm had revenue of $40.66 billion during the quarter, compared to analysts’ expectations of $35.99 billion. During the same quarter last year, the firm posted $0.49 earnings per share. The company’s revenue for the quarter was down 6.2% compared to the same quarter last year. Analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.88%. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Wall Street Analysts Forecast Growth

F has been the subject of a number of recent research reports. UBS Group lowered their target price on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, April 10th. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Monday. Bank of America decreased their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Finally, Citigroup initiated coverage on shares of Ford Motor in a report on Wednesday, April 23rd. They set a “neutral” rating and a $10.00 price target on the stock. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $9.83.

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.