BTG Pactual Asset Management US LLC Takes $109,000 Position in Ford Motor (NYSE:F)

BTG Pactual Asset Management US LLC acquired a new position in Ford Motor (NYSE:F) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,963 shares of the auto manufacturer’s stock, valued at approximately $109,000.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. increased its position in Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after acquiring an additional 57,182,803 shares during the last quarter. Norges Bank purchased a new stake in shares of Ford Motor during the 4th quarter valued at about $387,282,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock worth $1,278,153,000 after purchasing an additional 6,497,321 shares during the period. APG Asset Management N.V. purchased a new position in shares of Ford Motor in the fourth quarter worth approximately $20,408,000. Finally, Geode Capital Management LLC grew its position in Ford Motor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock valued at $830,662,000 after buying an additional 2,089,127 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on F shares. Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Piper Sandler cut their price target on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. UBS Group reduced their price target on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday. Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $9.00 target price (down from $11.00) on shares of Ford Motor in a report on Thursday. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $10.50.

Ford Motor Trading Up 2.0 %

Shares of Ford Motor stock opened at $9.33 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The firm has a market cap of $36.96 billion, a price-to-earnings ratio of 6.39, a PEG ratio of 0.61 and a beta of 1.41. Ford Motor has a twelve month low of $8.44 and a twelve month high of $14.85. The business has a 50-day moving average price of $9.58 and a 200-day moving average price of $10.17.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (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%. Equities research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.43%. Ford Motor’s dividend payout ratio (DPR) is currently 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.