Jacobs Levy Equity Management Inc. Raises Stock Holdings in Ford Motor (NYSE:F)

Jacobs Levy Equity Management Inc. boosted its stake in Ford Motor (NYSE:F) by 112.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 11,976,950 shares of the auto manufacturer’s stock after acquiring an additional 6,348,185 shares during the period. Jacobs Levy Equity Management Inc.’s holdings in Ford Motor were worth $126,477,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Janus Henderson Group PLC increased its stake in shares of Ford Motor by 6.2% during the third quarter. Janus Henderson Group PLC now owns 672,923 shares of the auto manufacturer’s stock worth $7,103,000 after buying an additional 39,500 shares during the period. HighTower Advisors LLC increased its stake in Ford Motor by 3.0% in the third quarter. HighTower Advisors LLC now owns 828,416 shares of the auto manufacturer’s stock valued at $8,736,000 after purchasing an additional 24,189 shares during the last quarter. Cladis Investment Advisory LLC increased its stake in Ford Motor by 16.2% in the third quarter. Cladis Investment Advisory LLC now owns 121,308 shares of the auto manufacturer’s stock valued at $1,281,000 after purchasing an additional 16,906 shares during the last quarter. Coastwise Capital Group LLC increased its stake in Ford Motor by 85.4% in the third quarter. Coastwise Capital Group LLC now owns 60,945 shares of the auto manufacturer’s stock valued at $644,000 after purchasing an additional 28,072 shares during the last quarter. Finally, Community Bank N.A. increased its stake in Ford Motor by 76.0% in the third quarter. Community Bank N.A. now owns 4,400 shares of the auto manufacturer’s stock valued at $46,000 after purchasing an additional 1,900 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE F opened at $10.98 on Tuesday. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a fifty day moving average price of $10.86 and a 200 day moving average price of $11.41. The company has a market cap of $43.64 billion, a PE ratio of 12.48, a P/E/G ratio of 2.03 and a beta of 1.62.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter last year, the company earned $0.39 earnings per share. Ford Motor’s quarterly revenue was up 5.5% compared to the same quarter last year. Sell-side analysts forecast that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.46%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on F. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research began coverage on Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating for the company. Wells Fargo & Company decreased their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Finally, Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $12.02.

Ford Motor Company 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.