Virtu Financial LLC Purchases Shares of 73,839 Ford Motor Company $F

Virtu Financial LLC purchased a new position in Ford Motor Company (NYSE:F) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 73,839 shares of the auto manufacturer’s stock, valued at approximately $969,000.

Other hedge funds have also recently modified their holdings of the company. MV Capital Management Inc. bought a new stake in shares of Ford Motor in the fourth quarter worth about $25,000. Vinland Capital Management Gestora de Recursos LTDA. bought a new position in Ford Motor during the 4th quarter valued at approximately $161,000. Cambient Family Office LLC bought a new position in Ford Motor during the 4th quarter valued at approximately $163,000. Compound Planning Inc. lifted its holdings in Ford Motor by 26.1% in the 4th quarter. Compound Planning Inc. now owns 66,938 shares of the auto manufacturer’s stock worth $878,000 after buying an additional 13,839 shares during the period. Finally, Claris Financial LLC purchased a new stake in Ford Motor in the 4th quarter worth approximately $352,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the topic of several research analyst reports. Citigroup boosted their target price on Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. Wells Fargo & Company cut their price target on shares of Ford Motor from $11.00 to $10.00 and set an “underweight” rating on the stock in a report on Tuesday, March 31st. UBS Group boosted their price objective on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, June 8th. TD Cowen decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a report on Friday, May 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $14.63.

Ford Motor Stock Down 0.1%

Shares of NYSE:F opened at $14.04 on Monday. The firm has a market capitalization of $55.96 billion, a P/E ratio of -9.06, a P/E/G ratio of 0.31 and a beta of 1.79. 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 stock has a 50 day moving average price of $13.71 and a 200-day moving average price of $13.33. Ford Motor Company has a 52-week low of $10.42 and a 52-week high of $17.78.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.48. The company had revenue of $43.25 billion for 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 firm’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share. As a group, equities research analysts anticipate 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. Shareholders of record on Tuesday, May 12th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a yield of 4.3%. Ford Motor’s dividend payout ratio (DPR) is currently -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.