73,839 Shares in Ford Motor Company $F Purchased by Virtu Financial LLC

Virtu Financial LLC acquired a new position in Ford Motor Company (NYSE:F) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 73,839 shares of the auto manufacturer’s stock, valued at approximately $969,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Ford Motor by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after purchasing an additional 4,087,699 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Ford Motor by 2.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock worth $1,994,464,000 after buying an additional 4,089,779 shares during the last quarter. Geode Capital Management LLC increased its position in Ford Motor by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after buying an additional 1,255,349 shares in the last quarter. Norges Bank bought a new position in Ford Motor during the 4th quarter valued at approximately $674,437,000. Finally, Dimensional Fund Advisors LP raised its stake in Ford Motor by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 45,857,344 shares of the auto manufacturer’s stock valued at $601,687,000 after buying an additional 125,534 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 0.1%

Ford Motor stock opened at $14.04 on Monday. Ford Motor Company has a one year low of $10.42 and a one year high of $17.78. The business’s fifty day moving average is $13.71 and its 200 day moving average is $13.33. The stock has a market capitalization of $55.96 billion, a PE ratio of -9.06, a price-to-earnings-growth ratio of 0.31 and a beta of 1.79. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The business 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 EPS. On average, sell-side analysts predict that Ford Motor Company will post 1.64 EPS for the current year.

Ford Motor Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have commented on F. Royal Bank Of Canada reissued a “sector perform” rating and issued a $13.00 target price on shares of Ford Motor in a report on Friday, May 15th. The Goldman Sachs Group raised their price target on Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. Bank of America lifted their price target on Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Wall Street Zen upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Finally, TD Cowen cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $14.63.

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.