Jones Financial Companies Lllp Grows Stock Position in Ford Motor Company $F

Jones Financial Companies Lllp boosted its holdings in Ford Motor Company (NYSE:F) by 4.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,926,124 shares of the auto manufacturer’s stock after acquiring an additional 77,124 shares during the period. Jones Financial Companies Lllp’s holdings in Ford Motor were worth $27,215,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Ford Motor during the second quarter worth $4,649,131,000. Bank of New York Mellon Corp acquired a new position in shares of Ford Motor in the 2nd quarter valued at $717,218,000. Norges Bank acquired a new position in Ford Motor in the fourth quarter valued at about $674,437,000. Deutsche Bank AG purchased a new position in Ford Motor during the second quarter worth about $267,563,000. Finally, Marshall Wace LLP boosted its stake in Ford Motor by 81.1% during the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after buying an additional 15,866,285 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

F has been the topic of a number of research analyst reports. Morgan Stanley reissued an “equal weight” rating and issued a $14.00 price target on shares of Ford Motor in a research note on Wednesday, May 13th. BNP Paribas Exane lifted their target price on shares of Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a report on Thursday, July 30th. Jefferies Financial Group raised Ford Motor from a “hold” rating to a “buy” rating and boosted their target price for the company from $14.50 to $17.50 in a research report on Monday, July 27th. Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a report on Wednesday, June 24th. Finally, Dbs Bank upgraded shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, August 11th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $15.68.

Ford Motor Stock Performance

Shares of F stock opened at $13.93 on Tuesday. The firm has a market cap of $55.53 billion, a price-to-earnings ratio of -7.45, a PEG ratio of 0.30 and a beta of 1.82. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09. Ford Motor Company has a 1 year low of $11.11 and a 1 year high of $17.78. The stock’s 50-day moving average is $14.10 and its two-hundred day moving average is $13.51.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. The company had revenue of $48.30 billion during the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 earnings per share. Analysts predict that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor’s dividend payout ratio is presently -32.09%.

Ford Motor Company 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.