Trust Investment Advisors Trims Stake in Ford Motor (NYSE:F)

Trust Investment Advisors decreased its stake in shares of Ford Motor (NYSE:F) by 29.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 72,304 shares of the auto manufacturer’s stock after selling 30,467 shares during the period. Trust Investment Advisors’ holdings in Ford Motor were worth $881,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in F. Whittier Trust Co. of Nevada Inc. increased its position in Ford Motor by 835.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,839 shares in the last quarter. Milestone Investment Advisors LLC purchased a new stake in shares of Ford Motor during the third quarter worth about $27,000. Quarry LP acquired a new position in shares of Ford Motor in the second quarter valued at approximately $28,000. Peoples Bank KS purchased a new position in shares of Ford Motor during the third quarter valued at approximately $29,000. Finally, Fairfield Bush & CO. acquired a new stake in Ford Motor during the second quarter worth approximately $29,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.80% of the stock is owned by corporate insiders.

Ford Motor Stock Up 0.2 %

Shares of NYSE:F traded up $0.02 during midday trading on Thursday, hitting $12.06. 39,592,313 shares of the company’s stock traded hands, compared to its average volume of 53,240,910. The firm’s fifty day moving average price is $12.61 and its two-hundred day moving average price is $11.76. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The company has a market cap of $47.92 billion, a PE ratio of 11.15, a P/E/G ratio of 0.96 and a beta of 1.63.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, February 6th. The auto manufacturer reported $0.29 EPS for the quarter, beating the consensus estimate of $0.12 by $0.17. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. During the same period last year, the company posted $0.51 earnings per share. The firm’s revenue was up 3.5% compared to the same quarter last year. On average, equities research analysts anticipate that Ford Motor will post 1.9 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a Variable dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were issued a $0.33 dividend. This represents a yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s dividend payout ratio is presently 55.56%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a report on Wednesday, February 7th. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research report on Wednesday, January 17th. Citigroup lifted their price target on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Piper Sandler initiated coverage on shares of Ford Motor in a research note on Friday, March 15th. They set a “neutral” rating and a $13.00 price objective for the company. Finally, Redburn Atlantic assumed coverage on shares of Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $13.82.

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.