Banque Transatlantique SA Invests $3.28 Million in Ford Motor Company $F

Key Points

• Banque Transatlantique SA acquired 353,714 shares of Ford Motor Company, valued at approximately $3.28 million, during the first quarter of the year.
• Ford reported an earnings per share (EPS) of $0.37 for the quarter, exceeding analyst expectations of $0.33, and a revenue of $50.18 billion, significantly above the forecast of $42.91 billion.
• The company recently announced a quarterly dividend of $0.15 per share, reflecting a 5.1% dividend yield and a payout ratio of approximately 76.92%.

Banque Transatlantique SA bought a new position in shares of Ford Motor Company (NYSE:F - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 353,714 shares of the auto manufacturer's stock, valued at approximately $3,279,000.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Ford Motor by 13.8% in the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock worth $4,590,333,000 after acquiring an additional 55,576,478 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Ford Motor by 8.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock worth $1,404,741,000 after acquiring an additional 10,947,527 shares during the period. Pacer Advisors Inc. boosted its holdings in Ford Motor by 6,915.1% in the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock worth $492,253,000 after acquiring an additional 48,378,444 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Ford Motor by 21.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 29,642,389 shares of the auto manufacturer's stock worth $293,460,000 after acquiring an additional 5,295,086 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in Ford Motor by 88.0% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after acquiring an additional 10,535,335 shares during the period. Hedge funds and other institutional investors own 58.74% of the company's stock.

Insiders Place Their Bets

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the sale, the insider directly owned 113,939 shares of the company's stock, valued at $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is owned by corporate insiders.

Analyst Ratings Changes

F has been the subject of a number of analyst reports. Jefferies Financial Group upped their price target on Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a report on Monday, August 11th. Royal Bank Of Canada upped their target price on Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a research report on Tuesday, August 5th. Barclays upped their target price on Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 16th. UBS Group upped their target price on Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Finally, JPMorgan Chase & Co. upped their target price on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average price target of $10.53.

Ford Motor Stock Performance

Shares of F stock traded up $0.06 on Friday, hitting $11.74. 47,531,810 shares of the stock traded hands, compared to its average volume of 48,778,584. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The company has a market capitalization of $46.70 billion, a PE ratio of 15.05, a PEG ratio of 3.36 and a beta of 1.52. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $11.99. The company's fifty day moving average is $11.46 and its 200 day moving average is $10.51.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The business had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. During the same period in the prior year, the company posted $0.47 EPS. The business's revenue was up 5.0% compared to the same quarter last year. On average, equities research analysts predict that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.1%. Ford Motor's dividend payout ratio (DPR) is currently 76.92%.

Ford Motor Company 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.