Ford Motor Company $F Shares Acquired by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP lifted its stake in shares of Ford Motor Company (NYSE:F) by 284.0% during the 3rd quarter, Holdings Channel reports. The fund owned 343,761 shares of the auto manufacturer’s stock after buying an additional 254,235 shares during the quarter. Brevan Howard Capital Management LP’s holdings in Ford Motor were worth $4,111,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Ford Motor by 1.2% during the third quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock worth $5,592,708,000 after purchasing an additional 5,371,758 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 3.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock worth $1,575,118,000 after buying an additional 5,118,228 shares during the last quarter. Norges Bank acquired a new stake in shares of Ford Motor during the 2nd quarter worth approximately $405,328,000. Marshall Wace LLP lifted its holdings in Ford Motor by 81.1% in the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock valued at $423,847,000 after acquiring an additional 15,866,285 shares during the last quarter. Finally, Invesco Ltd. grew its position in Ford Motor by 4.7% in the third quarter. Invesco Ltd. now owns 35,390,868 shares of the auto manufacturer’s stock worth $423,275,000 after acquiring an additional 1,597,841 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insider Activity at Ford Motor

In other Ford Motor news, insider William Clay Ford, Jr. bought 140,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were purchased at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the acquisition, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. This represents a 3.71% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.48% of the company’s stock.

Wall Street Analyst Weigh In

F has been the subject of a number of recent analyst reports. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “sell” rating in a research report on Saturday, February 14th. Evercore lifted their price target on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a research report on Monday, December 22nd. UBS Group boosted their price target on shares of Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. TD Cowen increased their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $12.00 target price on shares of Ford Motor in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $13.29.

Ford Motor Price Performance

Shares of NYSE F opened at $11.67 on Monday. The stock’s 50-day moving average is $13.56 and its two-hundred day moving average is $12.94. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. The company has a market cap of $46.54 billion, a price-to-earnings ratio of -5.66, a price-to-earnings-growth ratio of 0.27 and a beta of 1.65. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.80.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The company had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The firm’s quarterly revenue was down 4.8% on a year-over-year basis. Analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s payout ratio is -29.13%.

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.