Ford Motor (NYSE:F) Stake Lowered by Hancock Whitney Corp

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Hancock Whitney Corp cut its stake in shares of Ford Motor (NYSE:F) by 35.8% in the 4th quarter, Holdings Channel reports. The firm owned 239,042 shares of the auto manufacturer’s stock after selling 133,550 shares during the quarter. Hancock Whitney Corp’s holdings in Ford Motor were worth $2,223,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of F. 9258 Wealth Management LLC acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $253,000. Signaturefd LLC boosted its position in shares of Ford Motor by 286.7% during the fourth quarter. Signaturefd LLC now owns 71,938 shares of the auto manufacturer’s stock worth $669,000 after buying an additional 53,333 shares during the period. Samalin Investment Counsel LLC acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $33,000. Candriam Luxembourg S.C.A. boosted its position in shares of Ford Motor by 1.2% during the fourth quarter. Candriam Luxembourg S.C.A. now owns 325,686 shares of the auto manufacturer’s stock worth $3,029,000 after buying an additional 3,887 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of Ford Motor by 2.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,704,562 shares of the auto manufacturer’s stock worth $25,152,000 after buying an additional 65,784 shares during the period. 53.49% of the stock is owned by institutional investors.

In other news, CEO James P. Hackett sold 20,000 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $8.86, for a total transaction of $177,200.00. Following the completion of the sale, the chief executive officer now owns 125,184 shares in the company, valued at approximately $1,109,130.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John C. Lechleiter acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were bought at an average price of $8.24 per share, with a total value of $82,400.00. Insiders have sold a total of 60,000 shares of company stock valued at $541,400 in the last quarter. Insiders own 0.83% of the company’s stock.

Several brokerages have recently issued reports on F. ValuEngine upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Bank of America reduced their price objective on Ford Motor from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Credit Suisse Group downgraded Ford Motor from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $11.00 to $9.00 in a research report on Friday, February 7th. DZ Bank downgraded Ford Motor from a “buy” rating to a “sell” rating and set a $7.25 target price for the company. in a research report on Friday, February 7th. Finally, JPMorgan Chase & Co. cut their target price on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $10.12.

F opened at $8.10 on Friday. The company has a market capitalization of $32.71 billion, a price-to-earnings ratio of 6.76, a price-to-earnings-growth ratio of 1.09 and a beta of 1.09. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.16 and a quick ratio of 1.05. Ford Motor has a 1-year low of $8.02 and a 1-year high of $10.56. The business has a 50 day moving average price of $8.98 and a two-hundred day moving average price of $9.06.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, February 4th. The auto manufacturer reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.05). Ford Motor had a return on equity of 13.84% and a net margin of 0.03%. The firm had revenue of $39.70 billion during the quarter, compared to analyst estimates of $36.55 billion. During the same quarter last year, the company earned $0.30 earnings per share. The business’s revenue for the quarter was down 5.0% on a year-over-year basis. Equities analysts expect that Ford Motor will post 1.04 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, January 30th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.41%. Ford Motor’s dividend payout ratio (DPR) is presently 50.42%.

Ford Motor Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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

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