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

E20 Capital Ltd purchased a new position in shares of Ford Motor Company (NYSE:F) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,171,987 shares of the auto manufacturer’s stock, valued at approximately $57,991,000. Ford Motor makes up 4.7% of E20 Capital Ltd’s holdings, making the stock its 7th largest holding. E20 Capital Ltd owned 0.10% of Ford Motor at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in F. BlackRock Inc. purchased a new stake in shares of Ford Motor in the second quarter valued at $4,649,131,000. Bank of New York Mellon Corp purchased a new stake in Ford Motor during the 2nd quarter worth about $717,218,000. Norges Bank acquired a new position in Ford Motor in the 4th quarter valued at about $674,437,000. Deutsche Bank AG acquired a new position in Ford Motor in the 2nd quarter valued at about $267,563,000. Finally, Marshall Wace LLP lifted its holdings in Ford Motor by 81.1% in the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock valued at $423,847,000 after purchasing an additional 15,866,285 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on F. Royal Bank Of Canada lifted their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Morgan Stanley reiterated an “equal weight” rating and set a $14.00 target price on shares of Ford Motor in a research report on Wednesday, May 13th. Finally, Dbs Bank upgraded shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a report on Tuesday, August 11th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average price target of $15.68.

Ford Motor Trading Up 0.2%

NYSE:F opened at $14.44 on Monday. The business’s 50-day moving average is $14.12 and its two-hundred day moving average is $13.51. The firm has a market capitalization of $57.58 billion, a PE ratio of -7.72, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93.

Ford Motor (NYSE:F) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share 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 the consensus estimate of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company’s revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.37 earnings per share. Research analysts predict that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.2%. Ford Motor’s dividend payout ratio (DPR) is currently -32.09%.

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.