Diversified Trust Co Lowers Position in Ford Motor Company $F

Diversified Trust Co decreased its position in shares of Ford Motor Company (NYSE:F) by 63.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 52,373 shares of the auto manufacturer’s stock after selling 91,955 shares during the period. Diversified Trust Co’s holdings in Ford Motor were worth $604,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Grove Bank & Trust boosted its position in shares of Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,000 shares in the last quarter. MV Capital Management Inc. bought a new position in Ford Motor in the fourth quarter worth $25,000. McMillan Office Inc. bought a new position in Ford Motor in the fourth quarter worth $26,000. Olistico Wealth LLC purchased a new position in Ford Motor during the fourth quarter valued at $26,000. Finally, Murphy Middleton Hinkle & Parker Inc. purchased a new position in Ford Motor during the fourth quarter valued at $29,000. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on F. The Goldman Sachs Group boosted their target price on shares of Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. Citigroup increased their price target on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. UBS Group boosted their price objective on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. TD Cowen cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a report on Friday, May 1st. Finally, Wall Street Zen upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average price target of $14.70.

Ford Motor Trading Up 2.2%

NYSE F opened at $14.14 on Friday. Ford Motor Company has a 12 month low of $10.47 and a 12 month high of $17.78. The stock has a market cap of $56.34 billion, a P/E ratio of -9.12, a P/E/G ratio of 0.30 and a beta of 1.79. The stock’s fifty day moving average price is $13.85 and its 200-day moving average price is $13.36. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.48. The firm had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.Ford Motor’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 EPS. As a group, equities analysts forecast that Ford Motor Company will post 1.64 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.

About Ford Motor

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.