Ford Motor (NYSE:F) Shares Bought by Plato Investment Management Ltd

Plato Investment Management Ltd grew its position in Ford Motor (NYSE:F) by 2.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 118,008 shares of the auto manufacturer’s stock after purchasing an additional 2,836 shares during the quarter. Plato Investment Management Ltd’s holdings in Ford Motor were worth $1,480,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Olistico Wealth LLC purchased a new position in shares of Ford Motor in the 2nd quarter valued at approximately $25,000. Fortis Group Advisors LLC lifted its stake in shares of Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after buying an additional 1,086 shares during the period. Family Firm Inc. purchased a new stake in shares of Ford Motor during the second quarter valued at $26,000. Voisard Asset Management Group Inc. purchased a new stake in shares of Ford Motor during the fourth quarter valued at $27,000. Finally, Financial Synergies Wealth Advisors Inc. increased its position in shares of Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,938 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Trading Up 0.7 %

Shares of F stock opened at $10.69 on Monday. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The company has a market cap of $42.50 billion, a price-to-earnings ratio of 11.02, a PEG ratio of 0.76 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The stock has a 50 day simple moving average of $11.47 and a 200-day simple moving average of $12.09.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same quarter in the prior year, the company posted $0.72 earnings per share. The business’s revenue was up 6.3% on a year-over-year basis. On average, equities research analysts expect that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.61%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Wall Street Analyst Weigh In

Several analysts have weighed in on F shares. Wolfe Research assumed coverage on Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating on the stock. Wells Fargo & Company dropped their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Finally, Sanford C. Bernstein initiated coverage on shares of Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price for the company. Two 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $12.95.

Ford Motor 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.