Dimensional Fund Advisors LP Boosts Stock Holdings in Ford Motor Company $F

Dimensional Fund Advisors LP grew its holdings in Ford Motor Company (NYSE:F) by 3.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,442,901 shares of the auto manufacturer’s stock after purchasing an additional 1,585,557 shares during the period. Dimensional Fund Advisors LP’s holdings in Ford Motor were worth $547,379,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Caxton Associates LLP purchased a new stake in shares of Ford Motor during the first quarter worth $304,000. Empowered Funds LLC lifted its holdings in Ford Motor by 41.6% during the 1st quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after purchasing an additional 43,385 shares in the last quarter. Jump Financial LLC purchased a new stake in Ford Motor during the 2nd quarter worth about $172,000. NewEdge Advisors LLC boosted its stake in Ford Motor by 26.3% in the 2nd quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock worth $2,907,000 after purchasing an additional 55,741 shares during the period. Finally, Treasurer of the State of North Carolina boosted its stake in Ford Motor by 1.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock worth $19,786,000 after purchasing an additional 26,526 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

NYSE:F opened at $14.03 on Tuesday. The stock has a market cap of $55.89 billion, a P/E ratio of -9.05, a PEG ratio of 0.32 and a beta of 1.82. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The business’s 50-day moving average price is $14.34 and its two-hundred day moving average price is $13.41. Ford Motor Company has a twelve month low of $10.68 and a twelve month high of $17.78.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping the consensus estimate of $0.18 by $0.48. The company had revenue of $43.25 billion during 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%.Ford Motor’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.14 earnings per share. As a group, equities analysts predict that Ford Motor Company will post 1.66 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s payout ratio is currently -38.71%.

Analyst Upgrades and Downgrades

F has been the topic of several analyst reports. Morgan Stanley reiterated an “equal weight” rating and set a $14.00 price target on shares of Ford Motor in a research report on Wednesday, May 13th. Bank of America raised their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, May 29th. 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 note on Monday, June 8th. BNP Paribas Exane upped their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. raised their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $14.79.

Ford Motor Profile

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.