Ford Motor Company $F Shares Purchased by IFM Investors Pty Ltd

Key Points

• IFM Investors Pty Ltd has increased its stake in Ford Motor Company by 5.3%, now holding 746,979 shares valued at approximately $8.1 million.
• Ford's quarterly earnings report revealed an earnings per share (EPS) of $0.37, surpassing analysts' expectations, along with a revenue increase of 5.0% year over year to $50.18 billion.
• The company recently announced a quarterly dividend of $0.15 per share, yielding about 5.2%, with an annual payout of $0.60.

IFM Investors Pty Ltd grew its stake in shares of Ford Motor Company (NYSE:F - Free Report) by 5.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 746,979 shares of the auto manufacturer's stock after acquiring an additional 37,379 shares during the quarter. IFM Investors Pty Ltd's holdings in Ford Motor were worth $8,105,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of F. Grove Bank & Trust increased its stake in shares of Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after acquiring an additional 1,882 shares during the last quarter. Elite Financial Inc. acquired a new position in shares of Ford Motor during the 1st quarter valued at about $27,000. Olde Wealth Management LLC acquired a new position in shares of Ford Motor during the 1st quarter valued at about $28,000. MorganRosel Wealth Management LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth about $30,000. Finally, Wood Tarver Financial Group LLC purchased a new stake in shares of Ford Motor during the 4th quarter worth about $31,000. Institutional investors and hedge funds 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.

Ford Motor Stock Performance

Shares of F stock traded up $0.08 on Tuesday, hitting $11.74. 37,293,773 shares of the stock traded hands, compared to its average volume of 93,039,078. 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 15.06, a PEG ratio of 3.34 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 $11.45 and its 200 day moving average is $10.69.

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 Dividend Announcement

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%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on F shares. Royal Bank Of Canada boosted their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 5th. Jefferies Financial Group boosted their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a report on Monday, August 11th. Barclays boosted their target price on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Wall Street Zen upgraded Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Finally, Dbs Bank cut Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, Ford Motor presently has an average rating of "Reduce" and an average price target of $10.53.

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.