Diversified Trust Co reduced its stake in Ford Motor (NYSE:F - Free Report) by 77.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,035 shares of the auto manufacturer's stock after selling 100,408 shares during the period. Diversified Trust Co's holdings in Ford Motor were worth $297,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of F. Quarry LP purchased a new position in shares of Ford Motor during the second quarter valued at approximately $27,000. Kimelman & Baird LLC purchased a new position in shares of Ford Motor during the second quarter valued at approximately $30,000. Reston Wealth Management LLC purchased a new position in shares of Ford Motor during the third quarter valued at approximately $33,000. Access Investment Management LLC purchased a new position in shares of Ford Motor during the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC purchased a new position in shares of Ford Motor during the fourth quarter valued at approximately $34,000. 58.74% of the stock is owned by hedge funds and other institutional investors.
Ford Motor Stock Performance
Shares of NYSE:F traded down $0.08 during midday trading on Friday, reaching $9.66. 73,271,409 shares of the company's stock traded hands, compared to its average volume of 67,597,938. The company has a market cap of $38.39 billion, a price-to-earnings ratio of 10.98, a P/E/G ratio of 1.89 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The stock has a 50 day moving average of $10.47 and a 200 day moving average of $11.01.
Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 earnings per share. As a group, equities research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date was Thursday, November 7th. Ford Motor's payout ratio is currently 68.18%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on F shares. Barclays reduced their target price on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 29th. Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Morgan Stanley cut Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their price target for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research note on Wednesday, October 30th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $11.83.
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Ford Motor Company Profile
(
Free Report)
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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