ABC Arbitrage SA Makes New $1.01 Million Investment in Ford Motor (NYSE:F)

ABC Arbitrage SA acquired a new position in shares of Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 102,264 shares of the auto manufacturer’s stock, valued at approximately $1,012,000.

Several other large investors have also recently bought and sold shares of the company. Meridian Financial Partners LLC raised its position in shares of Ford Motor by 1.1% in the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after buying an additional 953 shares in the last quarter. Apollon Wealth Management LLC increased its stake in Ford Motor by 1.1% in the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after acquiring an additional 969 shares during the last quarter. Pure Financial Advisors LLC increased its stake in Ford Motor by 6.6% in the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock valued at $170,000 after acquiring an additional 990 shares during the last quarter. PBMares Wealth Management LLC increased its stake in Ford Motor by 9.0% in the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock valued at $126,000 after acquiring an additional 991 shares during the last quarter. Finally, Pointe Capital Management LLC increased its stake in Ford Motor by 4.8% in the third quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock valued at $230,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on F shares. JPMorgan Chase & Co. decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Evercore ISI decreased their price objective on shares of 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. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $11.89.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $9.48 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. Ford Motor has a twelve month low of $9.10 and a twelve month high of $14.85. The stock has a market cap of $37.66 billion, a price-to-earnings ratio of 6.49, a P/E/G ratio of 1.80 and a beta of 1.63. The company’s fifty day moving average is $9.92 and its 200 day moving average is $10.47.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Sell-side analysts forecast that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Dividend Announcement

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 $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.33%. Ford Motor’s payout ratio 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.