Natixis Acquires 358,988 Shares of Ford Motor Company $F

Natixis lifted its stake in Ford Motor Company (NYSE:F) by 196.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 541,273 shares of the auto manufacturer’s stock after acquiring an additional 358,988 shares during the period. Natixis’ holdings in Ford Motor were worth $5,873,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Chicago Partners Investment Group LLC bought a new position in shares of Ford Motor in the first quarter worth about $180,000. Zions Bancorporation National Association UT bought a new position in shares of Ford Motor during the 1st quarter valued at approximately $56,000. Townsquare Capital LLC increased its holdings in Ford Motor by 28.3% in the 1st quarter. Townsquare Capital LLC now owns 106,871 shares of the auto manufacturer’s stock worth $1,072,000 after acquiring an additional 23,604 shares in the last quarter. Cooper Financial Group raised its stake in Ford Motor by 11.8% during the 1st quarter. Cooper Financial Group now owns 12,581 shares of the auto manufacturer’s stock worth $126,000 after acquiring an additional 1,326 shares during the period. Finally, Nuveen LLC bought a new stake in Ford Motor during the 1st quarter worth approximately $123,147,000. 58.74% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. UBS Group upped their price target on shares of Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research report on Monday, October 6th. The Goldman Sachs Group lifted their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, September 29th. Barclays upped their target price on shares of Ford Motor from $11.00 to $12.00 and gave the stock an “equal weight” rating in a report on Monday, October 27th. Wells Fargo & Company raised their price target on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Friday, October 24th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research report on Monday. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $12.04.

Ford Motor Stock Down 0.6%

Shares of F stock opened at $13.07 on Wednesday. The company’s fifty day simple moving average is $12.74 and its two-hundred day simple moving average is $11.76. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $13.97. The stock has a market cap of $52.06 billion, a P/E ratio of 11.26 and a beta of 1.60. The company has a quick ratio of 0.98, a current ratio of 1.12 and a debt-to-equity ratio of 2.20.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. The firm had revenue of $50.53 billion during the quarter, compared to analyst estimates of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.49 earnings per share. Analysts predict that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were paid 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 4.6%. Ford Motor’s payout ratio is presently 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.