E20 Capital Ltd Acquires Shares of 4,171,987 Ford Motor Company $F

E20 Capital Ltd acquired a new stake in Ford Motor Company (NYSE:F) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,171,987 shares of the auto manufacturer’s stock, valued at approximately $57,991,000. Ford Motor comprises approximately 4.7% of E20 Capital Ltd’s holdings, making the stock its 7th largest position.

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

Ford Motor Trading Up 0.2%

Shares of NYSE F opened at $14.44 on Monday. The stock’s 50 day moving average price is $14.12 and its two-hundred day moving average price is $13.51. Ford Motor Company has a 52-week low of $11.11 and a 52-week high of $17.78. The stock has a market capitalization of $57.58 billion, a P/E ratio of -7.72, a PEG ratio of 0.30 and a beta of 1.82. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07.

Ford Motor (NYSE:F) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.33 by $0.09. The company had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.During the same quarter last year, the firm earned $0.37 EPS. The business’s revenue was down 3.8% on a year-over-year basis. On average, analysts anticipate that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.60 annualized dividend and a yield of 4.2%. Ford Motor’s dividend payout ratio (DPR) is -32.09%.

Analyst Upgrades and Downgrades

F has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. Morgan Stanley reissued an “equal weight” rating and set a $14.00 price target on shares of Ford Motor in a research report on Wednesday, May 13th. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. BNP Paribas Exane upped their price target on shares of Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a report on Thursday, July 30th. Finally, Barclays increased their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $15.68.

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.