Banco BTG Pactual S.A. Takes Position in Ford Motor Company $F

Banco BTG Pactual S.A. acquired a new position in shares of Ford Motor Company (NYSE:F) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 195,509 shares of the auto manufacturer’s stock, valued at approximately $2,121,000.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Ford Motor by 1.0% during the second quarter. Vanguard Group Inc. now owns 462,245,997 shares of the auto manufacturer’s stock valued at $5,015,369,000 after purchasing an additional 4,585,636 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Ford Motor by 3.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock valued at $1,575,118,000 after buying an additional 5,118,228 shares during the period. Geode Capital Management LLC increased its stake in Ford Motor by 17.9% during the 2nd quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock valued at $1,122,434,000 after buying an additional 15,748,694 shares during the period. Norges Bank bought a new stake in shares of Ford Motor during the 2nd quarter worth about $405,328,000. Finally, Legal & General Group Plc lifted its stake in shares of Ford Motor by 3.3% in the 2nd quarter. Legal & General Group Plc now owns 34,301,362 shares of the auto manufacturer’s stock worth $372,170,000 after acquiring an additional 1,104,139 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the subject of several research reports. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their price objective for the company from $9.00 to $12.00 in a research report on Monday, October 6th. JPMorgan Chase & Co. upped their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. The Goldman Sachs Group boosted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, September 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ford Motor in a research report on Monday. Finally, Royal Bank Of Canada increased their price objective on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a report on Friday, October 24th. Three equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.04.

Ford Motor Trading Up 1.6%

Ford Motor stock opened at $13.62 on Friday. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $13.97. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. The firm has a market capitalization of $54.27 billion, a PE ratio of 11.74 and a beta of 1.60. The business’s 50-day simple moving average is $12.79 and its 200-day simple moving average is $11.78.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, topping the consensus estimate of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The company had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. During the same period in the previous year, the business posted $0.49 EPS. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. Equities research analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.4%. Ford Motor’s dividend payout ratio is 51.72%.

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.