Quadrature Capital Ltd cut its holdings in Ford Motor Company (NYSE:F – Free Report) by 55.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,235,818 shares of the auto manufacturer’s stock after selling 1,566,108 shares during the period. Quadrature Capital Ltd’s holdings in Ford Motor were worth $13,396,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the business. Advisors Capital Management LLC grew its stake in Ford Motor by 9.6% during the 1st quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock worth $126,000 after buying an additional 1,100 shares during the last quarter. FORA Capital LLC bought a new stake in Ford Motor in the first quarter valued at $7,398,000. Swiss National Bank boosted its holdings in shares of Ford Motor by 7.4% during the second quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer’s stock valued at $128,279,000 after acquiring an additional 813,800 shares during the period. Teza Capital Management LLC bought a new position in shares of Ford Motor during the first quarter worth about $465,000. Finally, Quantitative Investment Management LLC acquired a new stake in shares of Ford Motor in the 1st quarter worth about $2,373,000. Institutional investors own 58.74% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have issued reports on F. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and boosted their target price for the company from $9.00 to $12.00 in a research note on Monday, October 6th. Barclays lifted their price target on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday, October 27th. Evercore ISI increased their price objective on Ford Motor from $10.00 to $12.00 and gave the stock an “in-line” rating in a report on Monday. Royal Bank Of Canada raised their target price on Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a research report on Friday, October 24th. Finally, Piper Sandler lifted their target price on Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $11.88.
Ford Motor Stock Performance
Shares of NYSE F opened at $13.18 on Friday. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $13.97. The firm has a market cap of $52.50 billion, a P/E ratio of 11.36, a PEG ratio of 4.03 and a beta of 1.60. The stock has a fifty day moving average price of $12.53 and a two-hundred day moving average price of $11.60. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12.
Ford Motor (NYSE:F – Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The company had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. During the same quarter in the previous year, the business earned $0.49 EPS. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. Research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Friday, November 7th. Ford Motor’s dividend payout ratio is presently 51.72%.
Ford Motor 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.
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