O Shaughnessy Asset Management LLC Acquires 170,373 Shares of Ford Motor Company $F

O Shaughnessy Asset Management LLC raised its holdings in Ford Motor Company (NYSE:F) by 24.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 871,862 shares of the auto manufacturer’s stock after purchasing an additional 170,373 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Ford Motor were worth $11,439,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of F. Grove Bank & Trust boosted its position in shares of Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares in the last quarter. Olistico Wealth LLC bought a new position in shares of Ford Motor during the fourth quarter worth $26,000. Johnson Financial Group Inc. boosted its position in shares of Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after purchasing an additional 837 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. bought a new position in shares of Ford Motor during the fourth quarter worth $29,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of Ford Motor during the third quarter worth $32,000. 58.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on F shares. Bank of America lifted their price target on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Royal Bank Of Canada reissued a “sector perform” rating and set a $13.00 price target on shares of Ford Motor in a research report on Friday, May 15th. The Goldman Sachs Group reduced their price target on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. Finally, 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. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $14.41.

Ford Motor Trading Down 4.3%

F opened at $14.31 on Thursday. The stock has a market capitalization of $57.00 billion, a P/E ratio of -9.23, a P/E/G ratio of 0.33 and a beta of 1.79. Ford Motor Company has a 12 month low of $10.38 and a 12 month high of $17.78. The firm’s fifty day simple moving average is $13.33 and its 200 day simple moving average is $13.26. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 EPS. As a group, research analysts anticipate that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s payout ratio is currently -38.71%.

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.