Ford Motor (F) Shares Bought by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board grew its position in Ford Motor (NYSE:F) by 7.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 722,401 shares of the auto manufacturer’s stock after acquiring an additional 50,498 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in Ford Motor were worth $6,682,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fox Run Management L.L.C. purchased a new position in shares of Ford Motor during the second quarter valued at approximately $219,000. Acadian Asset Management LLC raised its holdings in shares of Ford Motor by 1,945.1% during the second quarter. Acadian Asset Management LLC now owns 15,747 shares of the auto manufacturer’s stock valued at $175,000 after purchasing an additional 14,977 shares during the last quarter. RFG Advisory Group LLC purchased a new position in shares of Ford Motor during the second quarter valued at approximately $161,000. Advisor Partners LLC raised its holdings in shares of Ford Motor by 43.8% during the second quarter. Advisor Partners LLC now owns 46,416 shares of the auto manufacturer’s stock valued at $514,000 after purchasing an additional 14,130 shares during the last quarter. Finally, Kaizen Advisory LLC raised its holdings in shares of Ford Motor by 155.5% during the second quarter. Kaizen Advisory LLC now owns 9,745 shares of the auto manufacturer’s stock valued at $108,000 after purchasing an additional 5,931 shares during the last quarter. Institutional investors and hedge funds own 55.28% of the company’s stock.

Shares of F stock opened at $9.13 on Friday. Ford Motor has a 12 month low of $8.17 and a 12 month high of $13.48. The company has a market cap of $36.20 billion, a price-to-earnings ratio of 5.13, a price-to-earnings-growth ratio of 1.27 and a beta of 0.68. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.21 and a quick ratio of 1.08.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.01. Ford Motor had a net margin of 3.88% and a return on equity of 15.48%. The business had revenue of $34.66 billion during the quarter, compared to analysts’ expectations of $32.05 billion. During the same period in the prior year, the company earned $0.43 earnings per share. As a group, research analysts predict that Ford Motor will post 1.36 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Tuesday, October 23rd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, October 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.57%. Ford Motor’s dividend payout ratio (DPR) is presently 33.71%.

Several research firms have recently weighed in on F. Berenberg Bank reissued a “sell” rating and set a $6.00 price objective on shares of Ford Motor in a report on Friday, November 9th. ValuEngine raised shares of Ford Motor from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 31st. Nomura decreased their price objective on shares of Ford Motor from $9.00 to $8.10 and set a “neutral” rating for the company in a report on Tuesday, October 30th. Zacks Investment Research raised shares of Ford Motor from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 30th. Finally, Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $9.00 to $12.00 in a report on Monday, October 29th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $11.27.

In other news, VP Steven R. Armstrong sold 13,000 shares of the stock in a transaction on Monday, September 24th. The shares were sold at an average price of $9.54, for a total value of $124,020.00. Following the completion of the sale, the vice president now directly owns 94,527 shares of the company’s stock, valued at $901,787.58. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ray T. Charley acquired 4,000 shares of Ford Motor stock in a transaction dated Monday, October 29th. The stock was purchased at an average cost of $12.90 per share, with a total value of $51,600.00. The disclosure for this purchase can be found here. Corporate insiders own 0.95% of the company’s stock.

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Ford Motor 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.

Further Reading: What are Institutional Investors?

Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor (NYSE:F).

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

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