Versor Investments LP Acquires 99,900 Shares of Ford Motor (NYSE:F)

Versor Investments LP raised its holdings in shares of Ford Motor (NYSE:F) by 846.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 111,700 shares of the auto manufacturer’s stock after purchasing an additional 99,900 shares during the quarter. Versor Investments LP’s holdings in Ford Motor were worth $1,106,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Franklin Resources Inc. increased its stake in shares of Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after buying an additional 336,720 shares during the period. NCP Inc. increased its stake in shares of Ford Motor by 62.0% during the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock valued at $738,000 after buying an additional 28,528 shares during the period. Principal Financial Group Inc. increased its stake in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after buying an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new position in shares of Ford Motor during the third quarter valued at $55,456,000. Finally, Alberta Investment Management Corp increased its stake in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock valued at $1,941,000 after buying an additional 91,300 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Evercore ISI cut their target price on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Bank of America cut their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Finally, BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $11.89.

Ford Motor Price Performance

Shares of F stock opened at $9.30 on Friday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a fifty-two week low of $9.10 and a fifty-two week high of $14.85. The firm has a market capitalization of $36.84 billion, a price-to-earnings ratio of 6.37, a PEG ratio of 0.61 and a beta of 1.63. The stock’s 50-day simple moving average is $9.78 and its 200-day simple moving average is $10.42.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, equities analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.46%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

About Ford Motor

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.