Bridgewater Associates LP Invests $2.34 Million in Ford Motor Company (F)

Bridgewater Associates LP purchased a new stake in Ford Motor Company (NYSE:F) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 201,176 shares of the auto manufacturer’s stock, valued at approximately $2,342,000.

A number of other large investors also recently modified their holdings of the company. Puplava Financial Services Inc. bought a new stake in shares of Ford Motor during the first quarter valued at approximately $116,000. Denali Advisors LLC raised its stake in shares of Ford Motor by 40.8% in the first quarter. Denali Advisors LLC now owns 450,277 shares of the auto manufacturer’s stock valued at $5,241,000 after buying an additional 130,450 shares during the last quarter. Trust Co raised its stake in Ford Motor by 1.5% in the fourth quarter. Trust Co now owns 122,895 shares of the auto manufacturer’s stock worth $1,490,000 after buying an additional 1,776 shares during the last quarter. Rathbone Brothers plc raised its stake in Ford Motor by 4.5% in the first quarter. Rathbone Brothers plc now owns 11,500 shares of the auto manufacturer’s stock worth $134,000 after buying an additional 500 shares during the last quarter. Finally, Liberty Capital Management Inc. raised its stake in Ford Motor by 534.8% in the first quarter. Liberty Capital Management Inc. now owns 113,193 shares of the auto manufacturer’s stock worth $1,318,000 after buying an additional 95,362 shares during the last quarter. 55.58% of the stock is owned by institutional investors.

Ford Motor Company (NYSE F) opened at 11.53 on Friday. The firm has a 50-day moving average of $11.31 and a 200-day moving average of $11.76. Ford Motor Company has a 52-week low of $10.67 and a 52-week high of $13.99. The firm has a market cap of $45.91 billion, a PE ratio of 12.28 and a beta of 1.11. Ford Motor also saw some unusual options trading on Wednesday. Traders bought 74,719 call options on the stock. This represents an increase of approximately 425% compared to the typical volume of 14,224 call options.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, April 27th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.34 by $0.05. The company had revenue of $36.48 billion during the quarter, compared to analysts’ expectations of $34.62 billion. Ford Motor had a return on equity of 19.36% and a net margin of 2.48%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 EPS. Equities analysts anticipate that Ford Motor Company will post $1.52 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, July 24th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.20%. The ex-dividend date is Thursday, July 20th. Ford Motor’s dividend payout ratio (DPR) is 64.52%.

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A number of equities research analysts have recently issued reports on F shares. Zacks Investment Research lowered shares of Ford Motor from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 29th. Tigress Financial reaffirmed a “buy” rating on shares of Ford Motor in a report on Thursday, March 30th. Nomura reaffirmed a “buy” rating and set a $14.80 target price on shares of Ford Motor in a report on Tuesday, May 2nd. Royal Bank Of Canada reaffirmed a “buy” rating and set a $14.00 target price on shares of Ford Motor in a report on Friday, May 5th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $12.00 target price on shares of Ford Motor in a report on Monday, May 22nd. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $13.43.

In other Ford Motor news, insider James D. Farley, Jr. sold 25,000 shares of Ford Motor stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $11.16, for a total value of $279,000.00. Following the completion of the sale, the insider now owns 428,411 shares in the company, valued at approximately $4,781,066.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.08% of the stock is owned by insiders.

About Ford Motor

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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