AG2R LA Mondiale Gestion D Actifs Boosts Stake in Ford Motor Company $F

Key Points

• AG2R LA Mondiale Gestion D Actifs increased its stake in Ford Motor Company by 40.1% in Q2, owning 242,992 shares worth approximately $2.6 million at the end of the reporting period.
• Ford Motor recently announced a quarterly dividend of $0.15 per share, with a dividend yield of 4.3%, payable on December 1st to shareholders on record as of November 7th.
• The company's stock price has risen 12.0%, reaching $13.82, and it reported earnings of $0.45 per share for the last quarter, exceeding expectations.

AG2R LA Mondiale Gestion D Actifs lifted its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 40.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 242,992 shares of the auto manufacturer's stock after buying an additional 69,566 shares during the period. AG2R LA Mondiale Gestion D Actifs' holdings in Ford Motor were worth $2,636,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of F. Trust Co. of Toledo NA OH purchased a new position in shares of Ford Motor during the second quarter valued at approximately $25,000. Elite Financial Inc. bought a new position in shares of Ford Motor during the 1st quarter valued at $27,000. Olde Wealth Management LLC purchased a new position in shares of Ford Motor in the 1st quarter worth $28,000. MorganRosel Wealth Management LLC bought a new stake in shares of Ford Motor in the first quarter worth $30,000. Finally, WPG Advisers LLC bought a new stake in shares of Ford Motor in the first quarter worth $33,000. 58.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. The Goldman Sachs Group increased their target price on Ford Motor from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Monday, September 29th. Jefferies Financial Group raised shares of Ford Motor from an "underperform" rating to a "hold" rating and upped their price target for the company from $9.00 to $12.00 in a research report on Monday, October 6th. Barclays raised their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Wells Fargo & Company upped their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company an "underweight" rating in a report on Friday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the stock an "overweight" rating in a research note on Monday, October 20th. Two investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Ford Motor currently has a consensus rating of "Hold" and an average price target of $11.36.

Ford Motor Stock Up 12.0%

Shares of NYSE:F opened at $13.82 on Friday. The business's 50 day moving average is $11.85 and its 200 day moving average is $11.05. The stock has a market cap of $54.99 billion, a P/E ratio of 11.91, a price-to-earnings-growth ratio of 3.62 and a beta of 1.53. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $13.97. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.07. The business had revenue of $50.53 billion during the quarter, compared to analysts' expectations of $43.08 billion. Ford Motor had a return on equity of 12.11% and a net margin of 2.48%.The business's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.49 EPS. Sell-side analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, November 7th. Ford Motor's dividend payout ratio is presently 76.92%.

Ford Motor 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.

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