Commerce Bank Reduces Stock Holdings in Ford Motor (NYSE:F)

Commerce Bank lowered its stake in Ford Motor (NYSE:F - Free Report) by 63.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,317 shares of the auto manufacturer's stock after selling 91,493 shares during the period. Commerce Bank's holdings in Ford Motor were worth $528,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the stock. Hager Investment Management Services LLC purchased a new position in Ford Motor during the fourth quarter valued at $26,000. Bank of Jackson Hole Trust purchased a new position in Ford Motor during the 4th quarter valued at about $29,000. Flagship Wealth Advisors LLC bought a new stake in Ford Motor during the fourth quarter worth about $30,000. Kentucky Trust Co purchased a new stake in Ford Motor in the fourth quarter worth about $31,000. Finally, Crewe Advisors LLC increased its stake in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock valued at $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 Stock Up 1.3 %

F stock opened at $9.78 on Thursday. The business's 50-day moving average is $9.61 and its two-hundred day moving average is $10.12. The company has a market cap of $38.75 billion, a price-to-earnings ratio of 6.70, a P/E/G ratio of 0.61 and a beta of 1.41. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a dividend yield of 6.14%. Ford Motor's dividend payout ratio (DPR) is 41.10%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on F. JPMorgan Chase & Co. dropped their price target on Ford Motor from $13.00 to $11.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. StockNews.com cut Ford Motor from a "hold" rating to a "sell" rating in a research note on Thursday, April 10th. UBS Group reduced their price target on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Sanford C. Bernstein downgraded shares of Ford Motor from a "market perform" rating to an "underperform" rating and cut their price objective for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Finally, Bank of America decreased their target price on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a report on Thursday, February 6th. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $9.77.

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.

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