Two Sigma Securities LLC Buys New Shares in Ford Motor Company $F

Two Sigma Securities LLC purchased a new position in shares of Ford Motor Company (NYSE:F) during the 2nd quarter, Holdings Channel reports. The fund purchased 73,770 shares of the auto manufacturer’s stock, valued at approximately $1,025,000.

Other large investors also recently modified their holdings of the company. MV Capital Management Inc. acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $25,000. McMillan Office Inc. acquired a new position in Ford Motor during the fourth quarter valued at approximately $26,000. Legacy Wealth Managment LLC ID boosted its position in Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,230 shares during the last quarter. Johnson Financial Group Inc. grew its stake in Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares in the last quarter. Finally, Caldwell Trust Co grew its stake in Ford Motor by 605.8% in the first quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 2,175 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Up 0.4%

F opened at $13.94 on Tuesday. The stock’s fifty day simple moving average is $14.08 and its 200 day simple moving average is $13.52. Ford Motor Company has a 1-year low of $11.11 and a 1-year high of $17.78. The stock has a market cap of $55.59 billion, a PE ratio of -7.45, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07.

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

Ford Motor Dividend Announcement

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

Wall Street Analysts Forecast Growth

F has been the topic of a number of analyst reports. Wells Fargo & Company upped their price objective on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research note on Thursday, June 25th. Barclays raised their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Bank of America boosted their target price on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. Finally, Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Eight 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $15.68.

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.