Bank of The West Cuts Holdings in Ford Motor (F)

Bank of The West reduced its stake in shares of Ford Motor (NYSE:F) by 23.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 112,248 shares of the auto manufacturer’s stock after selling 34,165 shares during the quarter. Bank of The West’s holdings in Ford Motor were worth $1,402,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Ally Financial Inc. grew its position in shares of Ford Motor by 25.5% in the 2nd quarter. Ally Financial Inc. now owns 320,000 shares of the auto manufacturer’s stock worth $3,581,000 after acquiring an additional 65,000 shares in the last quarter. Waters Parkerson & CO. LLC grew its position in shares of Ford Motor by 82.3% in the 2nd quarter. Waters Parkerson & CO. LLC now owns 22,150 shares of the auto manufacturer’s stock worth $248,000 after acquiring an additional 10,000 shares in the last quarter. Zacks Investment Management acquired a new position in shares of Ford Motor in the 2nd quarter worth approximately $188,000. Aull & Monroe Investment Management Corp grew its position in shares of Ford Motor by 1.6% in the 2nd quarter. Aull & Monroe Investment Management Corp now owns 92,700 shares of the auto manufacturer’s stock worth $1,038,000 after acquiring an additional 1,500 shares in the last quarter. Finally, QS Investors LLC grew its position in shares of Ford Motor by 28.1% in the 2nd quarter. QS Investors LLC now owns 819,883 shares of the auto manufacturer’s stock worth $9,174,000 after acquiring an additional 179,737 shares in the last quarter. Institutional investors and hedge funds own 54.06% of the company’s stock.

In other Ford Motor news, insider Hau N. Thai-Tang sold 18,000 shares of the business’s stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $13.00, for a total value of $234,000.00. Following the transaction, the insider now owns 14,358 shares in the company, valued at $186,654. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Hau N. Thai-Tang sold 19,000 shares of the business’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. Insiders have sold 47,752 shares of company stock worth $603,965 in the last quarter. 1.08% of the stock is currently owned by corporate insiders.

Several brokerages recently issued reports on F. Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Tuesday, January 9th. Royal Bank of Canada reissued a “hold” rating and issued a $14.00 price target on shares of Ford Motor in a report on Wednesday, December 20th. ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Cascend Securities downgraded Ford Motor to a “buy” rating in a research note on Tuesday, December 5th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Ford Motor in a research note on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $12.54.

Shares of Ford Motor (NYSE:F) traded down $0.05 during midday trading on Thursday, hitting $10.69. The company had a trading volume of 4,964,255 shares, compared to its average volume of 56,905,539. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 2.94. The firm has a market cap of $42,670.00, a PE ratio of 5.63, a price-to-earnings-growth ratio of 0.64 and a beta of 1.14. Ford Motor has a twelve month low of $10.19 and a twelve month high of $13.48.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03). The company had revenue of $38.50 billion during the quarter, compared to analyst estimates of $36.96 billion. Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The business’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 earnings per share. sell-side analysts expect that Ford Motor will post 1.56 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.61%. Ford Motor’s dividend payout ratio is 31.58%.

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Ford Motor Company Profile

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.

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

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