Hussman Strategic Advisors Inc. Purchases Shares of 63,000 Ford Motor (NYSE:F)

Hussman Strategic Advisors Inc. acquired a new position in Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 63,000 shares of the auto manufacturer’s stock, valued at approximately $624,000.

Several other hedge funds and other institutional investors have also modified their holdings of F. Blue Trust Inc. grew its stake in shares of Ford Motor by 110.7% in the third quarter. Blue Trust Inc. now owns 33,199 shares of the auto manufacturer’s stock worth $351,000 after acquiring an additional 17,441 shares during the last quarter. Foundations Investment Advisors LLC lifted its position in Ford Motor by 6.0% in the third quarter. Foundations Investment Advisors LLC now owns 96,156 shares of the auto manufacturer’s stock worth $1,015,000 after purchasing an additional 5,481 shares during the period. Eastern Bank bought a new position in Ford Motor in the third quarter worth $113,000. Leo Wealth LLC lifted its position in Ford Motor by 8.3% in the third quarter. Leo Wealth LLC now owns 19,489 shares of the auto manufacturer’s stock worth $206,000 after purchasing an additional 1,489 shares during the period. Finally, Elevated Capital Advisors LLC lifted its position in Ford Motor by 2.3% in the third quarter. Elevated Capital Advisors LLC now owns 69,237 shares of the auto manufacturer’s stock worth $731,000 after purchasing an additional 1,578 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of NYSE:F opened at $9.38 on Friday. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85. The firm has a market cap of $37.16 billion, a PE ratio of 6.42, a price-to-earnings-growth ratio of 0.60 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The business has a fifty day moving average of $9.83 and a 200-day moving average of $10.43.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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%. On average, equities research analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.40%. Ford Motor’s payout ratio is 41.10%.

Analyst Ratings Changes

Several research analysts recently commented on F shares. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Evercore ISI cut their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the company from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Wells Fargo & Company cut their price objective on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $11.89.

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.