Perpetual Ltd Makes New Investment in Ford Motor Company $F

Key Points

• Perpetual Ltd has acquired a new position in Ford Motor Company, purchasing 52,800 shares valued at approximately $573,000 during the second quarter.
• Ford Motor reported $0.37 earnings per share for the previous quarter, exceeding expectations of $0.33, with a revenue of $50.18 billion compared to the forecast of $42.91 billion.
• The company's latest quarterly dividend was $0.15 per share, representing a 5.2% yield with a payout ratio of 76.92%.

Perpetual Ltd acquired a new stake in Ford Motor Company (NYSE:F - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 52,800 shares of the auto manufacturer's stock, valued at approximately $573,000.

Other large investors also recently modified their holdings of the company. Advisors Capital Management LLC raised its position in shares of Ford Motor by 9.6% in the first quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer's stock valued at $126,000 after purchasing an additional 1,100 shares during the period. Tounjian Advisory Partners LLC bought a new position in shares of Ford Motor in the first quarter valued at about $974,000. FORA Capital LLC acquired a new position in shares of Ford Motor in the first quarter valued at about $7,398,000. Generali Investments CEE investicni spolecnost a.s. grew its stake in shares of Ford Motor by 25.0% in the first quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer's stock valued at $3,009,000 after acquiring an additional 60,000 shares in the last quarter. Finally, Teza Capital Management LLC acquired a new position in shares of Ford Motor in the first quarter valued at about $465,000. 58.74% of the stock is owned by institutional investors.

Insider Buying and Selling at Ford Motor

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

Ford Motor Trading Up 0.4%

NYSE:F traded up $0.05 during mid-day trading on Monday, hitting $11.67. 58,400,302 shares of the company's stock were exchanged, compared to its average volume of 47,778,476. The company has a 50 day simple moving average of $11.46 and a 200-day simple moving average of $10.68. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $11.99. The firm has a market capitalization of $46.44 billion, a P/E ratio of 14.96, a PEG ratio of 3.34 and a beta of 1.52.

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

Ford Motor Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on F shares. UBS Group upped their price target on shares of Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Barclays upped their price target on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 16th. Dbs Bank downgraded shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 4th. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Finally, JPMorgan Chase & Co. upped their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target of $10.53.

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.