Hancock Whitney Corp Lowers Stock Position in Ford Motor (NYSE:F)

Hancock Whitney Corp reduced its stake in Ford Motor (NYSE:F - Free Report) by 57.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,365 shares of the auto manufacturer's stock after selling 29,727 shares during the quarter. Hancock Whitney Corp's holdings in Ford Motor were worth $221,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Hager Investment Management Services LLC purchased a new stake in Ford Motor in the 4th quarter valued at approximately $26,000. Bank of Jackson Hole Trust purchased a new stake in shares of Ford Motor in the fourth quarter valued at approximately $29,000. Flagship Wealth Advisors LLC acquired a new position in Ford Motor during the fourth quarter worth $30,000. Kentucky Trust Co purchased a new position in Ford Motor in the fourth quarter worth $31,000. Finally, Crewe Advisors LLC lifted its holdings in Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer's stock valued at $33,000 after acquiring an additional 2,068 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Trading Down 0.3 %

Shares of F traded down $0.03 on Monday, hitting $10.01. 76,870,372 shares of the stock traded hands, compared to its average volume of 72,531,106. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85. The stock's 50 day moving average is $9.65 and its two-hundred day moving average is $10.10. The firm has a market capitalization of $39.67 billion, a P/E ratio of 6.86, a P/E/G ratio of 0.61 and a beta of 1.41. 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 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, sell-side analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.99%. Ford Motor's dividend payout ratio (DPR) is 41.10%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on F. Wells Fargo & Company cut their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Thursday, February 6th. BNP Paribas raised shares of Ford Motor to a "hold" rating in a report on Monday, February 10th. JPMorgan Chase & Co. decreased their price target on Ford Motor from $13.00 to $11.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Sanford C. Bernstein downgraded Ford Motor from a "market perform" rating to an "underperform" rating and dropped their price objective for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. Finally, UBS Group decreased their target price on Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Ford Motor presently has a consensus rating of "Hold" and an average 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.