Ford Motor Company (NYSE:F) Shares Sold by Diversified Trust Co

Diversified Trust Co reduced its position in shares of Ford Motor Company (NYSE:F) by 47.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,676 shares of the auto manufacturer’s stock after selling 14,359 shares during the period. Diversified Trust Co’s holdings in Ford Motor were worth $157,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. First Merchants Corp raised its position in shares of Ford Motor by 43.8% during the 1st quarter. First Merchants Corp now owns 23,000 shares of the auto manufacturer’s stock valued at $231,000 after acquiring an additional 7,000 shares in the last quarter. HighMark Wealth Management LLC grew its stake in shares of Ford Motor by 46.5% in the first quarter. HighMark Wealth Management LLC now owns 5,234 shares of the auto manufacturer’s stock worth $52,000 after purchasing an additional 1,661 shares in the last quarter. Holistic Planning LLC bought a new position in shares of Ford Motor in the first quarter worth $103,000. Robeco Institutional Asset Management B.V. grew its stake in shares of Ford Motor by 2.5% in the first quarter. Robeco Institutional Asset Management B.V. now owns 3,444,547 shares of the auto manufacturer’s stock worth $34,549,000 after purchasing an additional 83,905 shares in the last quarter. Finally, Pure Financial Advisors LLC grew its stake in shares of Ford Motor by 63.5% in the first quarter. Pure Financial Advisors LLC now owns 26,596 shares of the auto manufacturer’s stock worth $267,000 after purchasing an additional 10,329 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on F shares. Wolfe Research raised Ford Motor from an “underperform” rating to a “peer perform” rating in a research note on Wednesday, April 30th. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Saturday, June 14th. The Goldman Sachs Group raised their target price on Ford Motor from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, May 6th. UBS Group decreased their target price on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Finally, Barclays raised their target price on Ford Motor from $8.00 to $9.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 6th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average price target of $10.03.

Ford Motor Stock Up 3.7%

F opened at $11.77 on Thursday. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $14.85. The business has a 50-day moving average of $10.46 and a 200-day moving average of $9.98. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97. The company has a market capitalization of $46.80 billion, a PE ratio of 9.42, a price-to-earnings-growth ratio of 0.97 and a beta of 1.49.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The firm’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.49 EPS. Equities research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor’s dividend payout ratio is 48.00%.

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.