New Hampshire Trust Trims Stock Position in Ford Motor (NYSE:F)

New Hampshire Trust decreased its position in Ford Motor (NYSE:F) by 7.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 100,740 shares of the auto manufacturer’s stock after selling 7,865 shares during the period. New Hampshire Trust’s holdings in Ford Motor were worth $997,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its position in Ford Motor by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after purchasing an additional 5,270,562 shares during the period. Geode Capital Management LLC boosted its stake in shares of 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 purchasing an additional 1,336,676 shares in the last quarter. Legal & General Group Plc increased its holdings 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Ford Motor by 2.7% in 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 worth $257,108,000 after buying an additional 636,330 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after buying an additional 6,348,185 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 1.6 %

Ford Motor stock opened at $10.17 on Tuesday. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The stock has a market capitalization of $40.43 billion, a PE ratio of 11.56, a price-to-earnings-growth ratio of 1.86 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The business has a 50 day simple moving average of $10.38 and a 200-day simple moving average of $10.91.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the previous year, the company earned $0.39 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. On average, analysts anticipate that Ford Motor will post 1.77 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on F. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Barclays reduced their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. 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. Finally, Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average price target of $11.83.

Ford Motor 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.