Chevy Chase Trust Holdings LLC Sells 45,230 Shares of Ford Motor (NYSE:F)

Chevy Chase Trust Holdings LLC lessened its stake in Ford Motor (NYSE:F - Free Report) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,048,348 shares of the auto manufacturer's stock after selling 45,230 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Ford Motor worth $20,279,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Hager Investment Management Services LLC bought a new position in Ford Motor in the 4th quarter worth $26,000. Reston Wealth Management LLC bought a new position in Ford Motor in the 3rd quarter worth $33,000. Kentucky Trust Co bought a new position in Ford Motor in the 4th quarter worth $31,000. Access Investment Management LLC purchased a new stake in Ford Motor in the 3rd quarter worth $34,000. Finally, Crewe Advisors LLC lifted its stake in Ford Motor by 169.9% in the 4th quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock worth $33,000 after purchasing an additional 2,068 shares in the last quarter. Institutional investors own 58.74% of the company's stock.

Ford Motor Trading Up 0.6 %

NYSE:F traded up $0.06 during mid-day trading on Wednesday, hitting $9.35. 48,452,144 shares of the stock traded hands, compared to its average volume of 76,541,508. The stock has a market capitalization of $37.04 billion, a price-to-earnings ratio of 6.40, a PEG ratio of 0.61 and a beta of 1.63. Ford Motor has a 52 week low of $9.10 and a 52 week high of $14.85. The firm's 50 day moving average is $9.88 and its two-hundred day moving average is $10.45. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities research analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 6.42%. Ford Motor's dividend payout ratio is currently 41.10%.

Analyst Ratings Changes

Several analysts have commented on F shares. Jefferies Financial Group cut shares of Ford Motor from a "hold" rating to an "underperform" rating and decreased their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Bank of America decreased their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research note on Thursday, February 6th. BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a research note on Monday, February 10th. Wells Fargo & Company decreased their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research note on Thursday, February 6th. Finally, Royal Bank of Canada decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 6th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $11.89.

Ford Motor 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.