Hilltop National Bank Reduces Position in Ford Motor (NYSE:F)

Hilltop National Bank lessened its stake in shares of Ford Motor (NYSE:F) by 49.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,944 shares of the auto manufacturer’s stock after selling 6,885 shares during the quarter. Hilltop National Bank’s holdings in Ford Motor were worth $69,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its stake in Ford Motor by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after acquiring an additional 5,270,562 shares during the period. Geode Capital Management LLC lifted its position in Ford Motor by 1.7% during the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after buying an additional 1,336,676 shares during the period. Dimensional Fund Advisors LP lifted its position in Ford Motor by 27.4% during the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after buying an additional 7,793,944 shares during the period. Legal & General Group Plc lifted its position in Ford Motor by 1.0% during the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after buying an additional 318,715 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Ford Motor by 2.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock valued at $257,108,000 after buying an additional 636,330 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 0.8 %

Shares of NYSE:F opened at $9.66 on Friday. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The stock has a market capitalization of $38.39 billion, a price-to-earnings ratio of 10.98, a PEG ratio of 1.89 and a beta of 1.62. The stock’s 50-day simple moving average is $10.47 and its two-hundred day simple moving average is $11.02.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same period in the previous year, the firm earned $0.39 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Analysts expect that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 6.21%. Ford Motor’s dividend payout ratio is presently 68.18%.

Analyst Ratings Changes

F has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft lowered their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Barclays lowered their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. 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 company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.83.

About Ford Motor

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.