Ford Motor (F) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. boosted its stake in Ford Motor (NYSE:F) by 34.4% during the third quarter, HoldingsChannel.com reports. The fund owned 4,984,732 shares of the auto manufacturer’s stock after purchasing an additional 1,277,201 shares during the quarter. Russell Investments Group Ltd.’s holdings in Ford Motor were worth $46,085,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in F. BlackRock Inc. boosted its stake in Ford Motor by 0.8% during the 2nd quarter. BlackRock Inc. now owns 264,479,647 shares of the auto manufacturer’s stock worth $2,927,789,000 after purchasing an additional 2,067,427 shares during the last quarter. Morgan Stanley boosted its stake in Ford Motor by 35.0% during the 2nd quarter. Morgan Stanley now owns 37,425,458 shares of the auto manufacturer’s stock worth $414,298,000 after purchasing an additional 9,710,528 shares during the last quarter. Greenhaven Associates Inc. boosted its stake in Ford Motor by 1.0% during the 3rd quarter. Greenhaven Associates Inc. now owns 33,038,548 shares of the auto manufacturer’s stock worth $305,607,000 after purchasing an additional 316,000 shares during the last quarter. LSV Asset Management boosted its stake in Ford Motor by 0.9% during the 2nd quarter. LSV Asset Management now owns 24,297,493 shares of the auto manufacturer’s stock worth $268,973,000 after purchasing an additional 212,200 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in Ford Motor by 3.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 17,258,620 shares of the auto manufacturer’s stock worth $191,053,000 after purchasing an additional 530,876 shares during the last quarter. 54.09% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have issued reports on F shares. Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $9.00 to $12.00 in a research note on Monday. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $14.00 to $10.00 in a report on Friday, October 19th. UBS Group reduced their price target on Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, July 26th. Barclays reduced their price target on Ford Motor from $12.00 to $11.00 and set an “equal weight” rating on the stock in a report on Wednesday, September 26th. Finally, Buckingham Research reduced their price target on Ford Motor from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, October 25th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company’s stock. Ford Motor currently has an average rating of “Hold” and a consensus target price of $11.63.



In related news, Director John C. Lechleiter acquired 10,000 shares of Ford Motor stock in a transaction that occurred on Thursday, August 2nd. The shares were purchased at an average cost of $9.89 per share, for a total transaction of $98,900.00. Following the acquisition, the director now owns 45,000 shares in the company, valued at $445,050. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Steven R. Armstrong sold 13,000 shares of the business’s stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $9.54, for a total transaction of $124,020.00. Following the completion of the sale, the vice president now owns 94,527 shares in the company, valued at $901,787.58. The disclosure for this sale can be found here. 0.95% of the stock is currently owned by insiders.

NYSE F opened at $9.28 on Tuesday. Ford Motor has a 52 week low of $8.17 and a 52 week high of $13.48. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.08 and a current ratio of 1.21. The firm has a market cap of $35.68 billion, a PE ratio of 5.21, a P/E/G ratio of 1.26 and a beta of 0.86.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. Ford Motor had a return on equity of 15.48% and a net margin of 3.88%. The business had revenue of $34.66 billion for the quarter, compared to analyst estimates of $32.05 billion. During the same quarter in the previous year, the firm earned $0.43 EPS. Sell-side analysts expect that Ford Motor will post 1.35 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 3rd. Investors of record on Tuesday, October 23rd will be issued a $0.15 dividend. The ex-dividend date is Monday, October 22nd. This represents a $0.60 annualized dividend and a yield of 6.47%. Ford Motor’s dividend payout ratio (DPR) is currently 33.71%.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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