Machina Capital S.A.S. Takes Position in Ford Motor Company $F

Machina Capital S.A.S. purchased a new stake in shares of Ford Motor Company (NYSE:F) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 20,585 shares of the auto manufacturer’s stock, valued at approximately $223,000.

Several other large investors have also recently bought and sold shares of the business. Parcion Private Wealth LLC raised its position in Ford Motor by 7.9% during the second quarter. Parcion Private Wealth LLC now owns 12,557 shares of the auto manufacturer’s stock valued at $136,000 after buying an additional 919 shares during the period. Wedmont Private Capital raised its position in Ford Motor by 3.0% during the second quarter. Wedmont Private Capital now owns 31,593 shares of the auto manufacturer’s stock valued at $374,000 after buying an additional 934 shares during the period. Convergence Investment Partners LLC raised its position in Ford Motor by 7.4% during the second quarter. Convergence Investment Partners LLC now owns 13,707 shares of the auto manufacturer’s stock valued at $149,000 after buying an additional 941 shares during the period. Hemington Wealth Management raised its position in Ford Motor by 30.9% during the second quarter. Hemington Wealth Management now owns 4,016 shares of the auto manufacturer’s stock valued at $43,000 after buying an additional 947 shares during the period. Finally, Meriwether Wealth & Planning LLC raised its position in Ford Motor by 6.9% during the second quarter. Meriwether Wealth & Planning LLC now owns 15,186 shares of the auto manufacturer’s stock valued at $165,000 after buying an additional 985 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Shares of NYSE F opened at $12.79 on Wednesday. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. The firm has a market cap of $50.94 billion, a price-to-earnings ratio of 11.02, a P/E/G ratio of 4.03 and a beta of 1.53. The business’s 50-day simple moving average is $12.06 and its 200-day simple moving average is $11.27. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $13.97.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. The business had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.49 EPS. As a group, equities research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.7%. Ford Motor’s dividend payout ratio is currently 51.72%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. UBS Group upped their price target on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ford Motor in a research report on Tuesday, October 14th. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Royal Bank Of Canada upped their target price on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, October 24th. Finally, Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and upped their target price for the stock from $9.00 to $12.00 in a research report on Monday, October 6th. Two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus price target of $11.73.

Ford Motor Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.