First National Trust Co Lowers Stake in Ford Motor (F)

First National Trust Co cut its holdings in Ford Motor (NYSE:F) by 13.2% during the 4th quarter, Holdings Channel reports. The firm owned 111,927 shares of the auto manufacturer’s stock after selling 16,990 shares during the period. First National Trust Co’s holdings in Ford Motor were worth $1,398,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Hudock Capital Group LLC lifted its stake in shares of Ford Motor by 4.5% during the second quarter. Hudock Capital Group LLC now owns 14,836 shares of the auto manufacturer’s stock valued at $166,000 after buying an additional 643 shares during the period. Sage Capital Advisors llc purchased a new position in shares of Ford Motor during the second quarter valued at approximately $2,865,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Ford Motor by 7.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,208,438 shares of the auto manufacturer’s stock valued at $13,522,000 after buying an additional 80,272 shares during the period. Brighton Jones LLC purchased a new position in shares of Ford Motor during the second quarter valued at approximately $153,000. Finally, Girard Partners LTD. lifted its stake in shares of Ford Motor by 121.5% during the second quarter. Girard Partners LTD. now owns 38,657 shares of the auto manufacturer’s stock valued at $433,000 after buying an additional 21,204 shares during the period. Institutional investors and hedge funds own 53.60% of the company’s stock.

Several brokerages recently issued reports on F. Zacks Investment Research raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research note on Tuesday, October 31st. FIG Partners reissued a “hold” rating on shares of Ford Motor in a research note on Monday, October 9th. Piper Jaffray Companies set a $14.00 price target on shares of Ford Motor and gave the stock a “buy” rating in a research note on Monday, October 16th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Ford Motor in a research note on Tuesday, November 28th. Finally, Vetr raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $13.34 price target on the stock in a research note on Wednesday, October 4th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $12.66.

In other news, insider Hau N. Thai-Tang sold 18,000 shares of the stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $13.00, for a total value of $234,000.00. Following the completion of the sale, the insider now owns 14,358 shares of the company’s stock, valued at $186,654. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Hau N. Thai-Tang sold 19,000 shares of the stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. Insiders sold 47,752 shares of company stock valued at $603,965 in the last three months. Company insiders own 1.08% of the company’s stock.

Ford Motor (F) opened at $12.07 on Friday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.19. The firm has a market cap of $48,382.64, a P/E ratio of 10.97, a price-to-earnings-growth ratio of 0.72 and a beta of 1.25. Ford Motor has a one year low of $10.47 and a one year high of $13.48.

Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.10. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The company had revenue of $33.65 billion during the quarter, compared to analyst estimates of $32.80 billion. During the same quarter in the prior year, the business earned $0.26 earnings per share. The business’s quarterly revenue was up .9% compared to the same quarter last year. equities analysts expect that Ford Motor will post 1.78 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.97%. The ex-dividend date of this dividend is Monday, January 29th. Ford Motor’s payout ratio is currently 54.55%.

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About Ford Motor

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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