Aberdeen Group plc Buys 330,239 Shares of Ford Motor Company $F

Key Points

• Aberdeen Group plc increased its stake in Ford Motor Company by 4.5%, purchasing an additional 330,239 shares in the second quarter, bringing its total to approximately 7.59 million shares worth $81.6 million.
• Ford reported a quarterly EPS of $0.37, surpassing expectations, with a revenue of $50.18 billion, a 5% increase year-over-year.
• The company has a current dividend yield of 5.3% after declaring a quarterly dividend of $0.15 per share, with a payout ratio of 76.92%.

Aberdeen Group plc grew its stake in Ford Motor Company (NYSE:F - Free Report) by 4.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,594,345 shares of the auto manufacturer's stock after purchasing an additional 330,239 shares during the quarter. Aberdeen Group plc owned approximately 0.19% of Ford Motor worth $81,601,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC increased its position in Ford Motor by 99.0% during the first quarter. Farther Finance Advisors LLC now owns 67,875 shares of the auto manufacturer's stock worth $675,000 after acquiring an additional 33,764 shares during the period. Handelsbanken Fonder AB increased its position in Ford Motor by 5.5% during the first quarter. Handelsbanken Fonder AB now owns 514,439 shares of the auto manufacturer's stock worth $5,160,000 after acquiring an additional 26,946 shares during the period. Integrated Advisors Network LLC increased its position in Ford Motor by 11.6% during the first quarter. Integrated Advisors Network LLC now owns 23,140 shares of the auto manufacturer's stock worth $232,000 after acquiring an additional 2,413 shares during the period. CX Institutional increased its position in Ford Motor by 78.6% during the first quarter. CX Institutional now owns 47,232 shares of the auto manufacturer's stock worth $474,000 after acquiring an additional 20,789 shares during the period. Finally, Fifth Third Bancorp increased its position in Ford Motor by 13.9% during the first quarter. Fifth Third Bancorp now owns 140,849 shares of the auto manufacturer's stock worth $1,413,000 after acquiring an additional 17,206 shares during the period. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Down 0.7%

F opened at $11.43 on Friday. The company has a market cap of $45.47 billion, a P/E ratio of 14.65, a PEG ratio of 3.28 and a beta of 1.53. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The company's 50 day moving average is $11.67 and its 200-day moving average is $10.88. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $12.80.

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

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were given a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 5.3%. Ford Motor's payout ratio is currently 76.92%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on F shares. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Ford Motor in a research report on Saturday, September 27th. Dbs Bank lowered shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. Barclays raised their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a report on Wednesday, July 16th. Royal Bank Of Canada raised their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a report on Monday, July 21st. Two investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $11.04.

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.

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