First National Trust Co reduced its position in shares of Ford Motor (NYSE:F) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 111,927 shares of the auto manufacturer’s stock after selling 16,990 shares during the period. First National Trust Co’s holdings in Ford Motor were worth $1,398,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the company. Greenhaven Associates Inc. purchased a new stake in Ford Motor in the fourth quarter valued at $164,194,000. Alyeska Investment Group L.P. purchased a new stake in Ford Motor in the third quarter valued at $76,726,000. BlackRock Inc. lifted its position in Ford Motor by 2.4% in the second quarter. BlackRock Inc. now owns 234,567,920 shares of the auto manufacturer’s stock valued at $2,624,814,000 after acquiring an additional 5,562,630 shares during the last quarter. Franklin Resources Inc. lifted its position in Ford Motor by 5.7% in the second quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock valued at $981,407,000 after acquiring an additional 4,706,379 shares during the last quarter. Finally, Capital Research Global Investors lifted its position in Ford Motor by 18.3% in the second quarter. Capital Research Global Investors now owns 23,655,000 shares of the auto manufacturer’s stock valued at $264,699,000 after acquiring an additional 3,655,000 shares during the last quarter. 53.60% of the stock is owned by institutional investors and hedge funds.
Shares of Ford Motor (F) opened at $12.07 on Friday. Ford Motor has a 1-year low of $10.47 and a 1-year high of $13.48. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94. The company has a market cap of $48,382.64, a PE ratio of 10.97, a PEG ratio of 0.72 and a beta of 1.25.
Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.10. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The business had revenue of $33.65 billion for the quarter, compared to analyst estimates of $32.80 billion. During the same period in the previous year, the business posted $0.26 earnings per share. The business’s revenue was up .9% compared to the same quarter last year. sell-side analysts anticipate that Ford Motor will post 1.78 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.97%. Ford Motor’s dividend payout ratio (DPR) is 54.55%.
In other Ford Motor news, insider Steven R. Armstrong sold 10,752 shares of the company’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total transaction of $132,464.64. Following the transaction, the insider now directly owns 101,159 shares in the company, valued at $1,246,278.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Hau N. Thai-Tang sold 19,000 shares of the company’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 47,752 shares of company stock worth $603,965. Company insiders own 1.08% of the company’s stock.
A number of equities research analysts recently weighed in on F shares. TheStreet raised shares of Ford Motor from a “c+” rating to a “b-” rating in a research report on Thursday, October 5th. Piper Jaffray Companies set a $14.00 price target on shares of Ford Motor and gave the company a “buy” rating in a research report on Monday, October 16th. Vetr raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 price target for the company in a research report on Friday, October 13th. Standpoint Research raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, October 4th. Finally, ValuEngine raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.66.
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About Ford Motor
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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