Parametrica Management Ltd Invests $357,000 in Ford Motor (NYSE:F)

Parametrica Management Ltd purchased a new position in shares of Ford Motor (NYSE:F) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 36,100 shares of the auto manufacturer’s stock, valued at approximately $357,000. Ford Motor makes up 0.5% of Parametrica Management Ltd’s portfolio, making the stock its 29th largest position.

A number of other hedge funds have also added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in shares of Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after buying an additional 336,720 shares during the last quarter. NCP Inc. raised its position in Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock valued at $738,000 after purchasing an additional 28,528 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after purchasing an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC bought a new stake in shares of Ford Motor during the third quarter worth about $55,456,000. Finally, Alberta Investment Management Corp increased its stake in shares of Ford Motor by 87.1% in the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock valued at $1,941,000 after buying an additional 91,300 shares during the period. 58.74% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on F shares. TD Cowen assumed coverage on shares of Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 target price on the stock. Royal Bank of Canada decreased 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. BNP Paribas raised Ford Motor to a “hold” rating in a research report on Monday, February 10th. JPMorgan Chase & Co. reduced their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Finally, Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $11.50.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $10.28 on Wednesday. The business has a 50-day simple moving average of $9.76 and a 200 day simple moving average of $10.29. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The firm has a market capitalization of $40.74 billion, a price-to-earnings ratio of 7.04, a PEG ratio of 0.61 and a beta of 1.59.

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

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.84%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is presently 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.