Ford Motor Company $F Shares Sold by Newport Trust Company LLC

Newport Trust Company LLC cut its position in Ford Motor Company (NYSE:F) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,356,677 shares of the auto manufacturer’s stock after selling 7,200,811 shares during the period. Ford Motor accounts for approximately 4.3% of Newport Trust Company LLC’s investment portfolio, making the stock its 8th biggest holding. Newport Trust Company LLC owned about 3.45% of Ford Motor worth $1,802,120,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in F. DLD Asset Management LP acquired a new stake in shares of Ford Motor in the 3rd quarter valued at about $299,000,000. Marshall Wace LLP grew its stake in shares of Ford Motor by 81.1% in the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock valued at $423,847,000 after buying an additional 15,866,285 shares during the period. Jacobs Levy Equity Management Inc. grew its stake in shares of Ford Motor by 190.7% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,006,776 shares of the auto manufacturer’s stock valued at $131,641,000 after buying an additional 7,220,686 shares during the period. Vanguard Group Inc. grew its stake in shares of Ford Motor by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock valued at $5,592,708,000 after buying an additional 5,371,758 shares during the period. Finally, Franklin Resources Inc. grew its stake in shares of Ford Motor by 235.5% in the 3rd quarter. Franklin Resources Inc. now owns 4,654,684 shares of the auto manufacturer’s stock valued at $55,670,000 after buying an additional 3,267,209 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of NYSE F opened at $13.67 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The company has a market capitalization of $54.45 billion, a PE ratio of -8.82, a PEG ratio of 0.29 and a beta of 1.65. The stock’s 50 day moving average price is $12.24 and its 200-day moving average price is $13.01. Ford Motor Company has a twelve month low of $9.88 and a twelve month high of $14.94.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. Ford Motor’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.14 EPS. On average, equities analysts anticipate that Ford Motor Company will post 1.6 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s payout ratio is -38.71%.

Analyst Upgrades and Downgrades

F has been the subject of several research reports. Barclays raised their target price on Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Morgan Stanley reiterated an “equal weight” rating and set a $14.00 price target on shares of Ford Motor in a research note on Wednesday, May 13th. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.56.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.