GSA Capital Partners LLP increased its stake in shares of Ford Motor Company (NYSE:F – Free Report) by 49.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,473 shares of the auto manufacturer’s stock after purchasing an additional 43,154 shares during the period. GSA Capital Partners LLP’s holdings in Ford Motor were worth $1,560,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the stock. Corsicana & Co. purchased a new stake in shares of Ford Motor in the third quarter valued at $25,000. Salomon & Ludwin LLC raised its stake in Ford Motor by 86.6% in the 3rd quarter. Salomon & Ludwin LLC now owns 2,333 shares of the auto manufacturer’s stock valued at $30,000 after purchasing an additional 1,083 shares during the last quarter. Capital A Wealth Management LLC lifted its holdings in Ford Motor by 990.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 2,279 shares in the last quarter. Country Trust Bank acquired a new stake in shares of Ford Motor during the 2nd quarter worth about $27,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of Ford Motor during the second quarter worth about $30,000. Institutional investors and hedge funds own 58.74% of the company’s stock.
Ford Motor Price Performance
F stock opened at $14.12 on Wednesday. The stock has a 50-day moving average price of $13.66 and a two-hundred day moving average price of $12.73. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $14.50. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95. The company has a market cap of $56.26 billion, a PE ratio of -6.85, a price-to-earnings-growth ratio of 0.34 and a beta of 1.66.
Ford Motor Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 4.2%. Ford Motor’s dividend payout ratio is presently -29.13%.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. TD Cowen raised their price objective on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Tuesday, January 13th. Zacks Research upgraded Ford Motor from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Evercore increased their target price on Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a research report on Monday, December 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $13.02.
Get Our Latest Research Report on Ford Motor
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.
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