NEOS Investment Management LLC Has $2.40 Million Stake in Ford Motor (NYSE:F)

NEOS Investment Management LLC boosted its holdings in Ford Motor (NYSE:F) by 31.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 242,435 shares of the auto manufacturer’s stock after acquiring an additional 58,393 shares during the period. NEOS Investment Management LLC’s holdings in Ford Motor were worth $2,400,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Quest Partners LLC acquired a new position in shares of Ford Motor in the third quarter valued at approximately $96,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Ford Motor in the 3rd quarter valued at $186,000. Cerity Partners LLC grew its holdings in Ford Motor by 10.8% in the 3rd quarter. Cerity Partners LLC now owns 324,052 shares of the auto manufacturer’s stock valued at $3,422,000 after buying an additional 31,707 shares in the last quarter. Quantbot Technologies LP increased its position in Ford Motor by 1,157.9% during the 3rd quarter. Quantbot Technologies LP now owns 181,006 shares of the auto manufacturer’s stock worth $1,911,000 after buying an additional 166,617 shares during the period. Finally, Townsquare Capital LLC lifted its holdings in shares of Ford Motor by 8.9% during the third quarter. Townsquare Capital LLC now owns 94,090 shares of the auto manufacturer’s stock worth $994,000 after buying an additional 7,650 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on F. BNP Paribas raised shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. 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 research note on Thursday, March 20th. Evercore ISI reduced their price target on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Finally, Royal Bank of Canada dropped their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $11.37.

Ford Motor Trading Down 1.8 %

Shares of NYSE F opened at $9.73 on Friday. The stock has a market cap of $38.54 billion, a P/E ratio of 6.66, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 52-week low of $9.06 and a 52-week high of $14.85. The firm has a 50 day moving average price of $9.75 and a two-hundred day moving average price of $10.28.

Ford Motor (NYSE:F) last posted 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 return on equity of 16.88% and a net margin of 3.18%. As a group, equities analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.17%. Ford Motor’s payout ratio is 41.10%.

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.