US Bancorp DE cut its position in Ford Motor (NYSE:F) by 3.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 718,534 shares of the auto manufacturer’s stock after selling 23,645 shares during the quarter. US Bancorp DE’s holdings in Ford Motor were worth $8,974,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Balentine LLC increased its position in Ford Motor by 4.0% during the 2nd quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 365 shares in the last quarter. Winslow Evans & Crocker Inc. increased its position in Ford Motor by 136.1% during the 4th quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 4,900 shares in the last quarter. Brighton Jones LLC increased its position in Ford Motor by 40.3% during the 3rd quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock worth $119,000 after purchasing an additional 5,518 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new position in Ford Motor during the 3rd quarter worth approximately $124,000. Finally, Colony Group LLC acquired a new position in Ford Motor during the 2nd quarter worth approximately $125,000. Institutional investors own 54.10% of the company’s stock.
Ford Motor (F) opened at $10.43 on Friday. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.23 and a quick ratio of 1.12. Ford Motor has a 12-month low of $10.19 and a 12-month high of $13.48. The stock has a market cap of $42,741.97, a P/E ratio of 6.08, a price-to-earnings-growth ratio of 0.65 and a beta of 1.13.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.75%. The ex-dividend date of this dividend is Monday, January 29th. Ford Motor’s dividend payout ratio (DPR) is currently 31.58%.
In other news, insider Hau N. Thai-Tang sold 19,000 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Steven R. Armstrong sold 10,752 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total transaction of $132,464.64. Following the completion of the sale, the insider now directly owns 101,159 shares in the company, valued at $1,246,278.88. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 47,752 shares of company stock valued at $603,965. Corporate insiders own 1.08% of the company’s stock.
A number of equities analysts recently issued reports on F shares. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Tuesday, December 26th. Vetr upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 price objective for the company in a research report on Friday, October 13th. ValuEngine upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and upped their price objective for the stock from $12.12 to $14.00 in a research report on Friday, October 13th. Finally, Royal Bank of Canada reiterated a “hold” rating and set a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, December 20th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $12.54.
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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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