Ieq Capital LLC Boosts Stock Position in Ford Motor (NYSE:F)

Ieq Capital LLC increased its stake in Ford Motor (NYSE:F) by 9.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 152,227 shares of the auto manufacturer’s stock after buying an additional 12,897 shares during the period. Ieq Capital LLC’s holdings in Ford Motor were worth $1,909,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in F. Coatue Management LLC purchased a new stake in shares of Ford Motor in the 4th quarter worth approximately $149,152,000. Dimensional Fund Advisors LP boosted its stake in Ford Motor by 27.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after purchasing an additional 7,793,944 shares during the last quarter. Fisher Asset Management LLC boosted its stake in Ford Motor by 6.3% during the 4th quarter. Fisher Asset Management LLC now owns 59,150,709 shares of the auto manufacturer’s stock valued at $721,047,000 after purchasing an additional 3,521,520 shares during the last quarter. Natixis boosted its stake in Ford Motor by 1,930.4% during the 1st quarter. Natixis now owns 2,174,316 shares of the auto manufacturer’s stock valued at $28,875,000 after purchasing an additional 2,067,226 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. purchased a new stake in Ford Motor during the 1st quarter valued at $21,111,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 0.4 %

Shares of F stock opened at $10.88 on Monday. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The stock’s 50-day moving average price is $11.23 and its 200-day moving average price is $12.03. The stock has a market capitalization of $43.44 billion, a price-to-earnings ratio of 11.22, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. During the same period last year, the firm posted $0.72 earnings per share. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. Equities research analysts predict that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.51%. Ford Motor’s payout ratio is currently 61.86%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on F. Royal Bank of Canada cut their target price on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Monday, August 12th. Evercore ISI raised Ford Motor to a “hold” rating in a report on Friday, July 26th. The Goldman Sachs Group decreased their target price on Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, July 25th. Wolfe Research started coverage on Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.95.

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.