Ford Motor Company $F Stock Holdings Increased by Amundi

Key Points

• Amundi increased its Ford stake by 15.2% in the second quarter, purchasing 2.2 million additional shares and bringing its holdings to 16.7 million shares valued at approximately $231.8 million.
• Ford reported quarterly earnings of $0.42 per share, exceeding estimates of $0.33, while revenue reached $48.3 billion but declined 3.8% year over year. The company also declared a quarterly dividend of $0.15 per share, representing a 4.3% annualized yield.
• Analysts maintain a consensus “Hold” rating on Ford, with an average price target of $15.68; the stock recently opened at $14.03, within a 12-month range of $11.11 to $17.78.

Amundi grew its position in shares of Ford Motor Company (NYSE:F - Free Report) by 15.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,675,388 shares of the auto manufacturer's stock after buying an additional 2,205,080 shares during the period. Amundi owned about 0.42% of Ford Motor worth $231,787,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. MV Capital Management Inc. bought a new position in shares of Ford Motor in the 4th quarter worth about $25,000. McMillan Office Inc. bought a new stake in shares of Ford Motor during the 4th quarter valued at about $26,000. Manning & Napier Advisors LLC bought a new stake in shares of Ford Motor during the 2nd quarter valued at about $31,000. Johnson Financial Group Inc. raised its stake in Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer's stock worth $28,000 after acquiring an additional 837 shares during the period. Finally, Legacy Wealth Managment LLC ID raised its stake in Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer's stock worth $27,000 after acquiring an additional 1,230 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Performance

Shares of F stock opened at $14.03 on Wednesday. Ford Motor Company has a 12-month low of $11.11 and a 12-month high of $17.78. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. The firm has a market capitalization of $55.96 billion, a price-to-earnings ratio of -7.50, a price-to-earnings-growth ratio of 0.30 and a beta of 1.83. The business has a 50 day simple moving average of $14.12 and a 200 day simple moving average of $13.53.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.09. The firm had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm's revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 EPS. On average, equities research analysts anticipate that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Tuesday, August 11th. Ford Motor's payout ratio is -32.09%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on F. The Goldman Sachs Group increased their price target on Ford Motor from $13.00 to $16.00 and gave the stock a "neutral" rating in a research report on Thursday, June 11th. DZ Bank upgraded Ford Motor from a "sell" rating to a "hold" rating and set a $16.00 price objective for the company in a research note on Friday, July 31st. Bank of America increased their target price on Ford Motor from $17.00 to $20.00 and gave the stock a "buy" rating in a research report on Friday, May 29th. BNP Paribas Exane raised their target price on Ford Motor from $14.00 to $14.50 and gave the company a "neutral" rating in a research note on Thursday, July 30th. Finally, Wall Street Zen downgraded shares of Ford Motor from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Ford Motor currently has a consensus rating of "Hold" and an average price target of $15.68.

Ford Motor Company Profile

Ford Motor Company NYSE: F is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford's business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

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