Advantage Trust Co Acquires Shares of 3,732 Ford Motor (NYSE:F)

Advantage Trust Co bought a new stake in Ford Motor (NYSE:F) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 3,732 shares of the auto manufacturer’s stock, valued at approximately $45,000.

Other large investors have also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,839 shares during the period. Milestone Investment Advisors LLC bought a new position in Ford Motor during the 3rd quarter worth $27,000. Peoples Bank KS bought a new stake in shares of Ford Motor in the 3rd quarter valued at about $29,000. Provence Wealth Management Group bought a new position in shares of Ford Motor during the third quarter worth about $31,000. Finally, Headinvest LLC acquired a new position in shares of Ford Motor in the third quarter worth approximately $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on F shares. Morgan Stanley upped their target price on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Citigroup increased their price target on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Redburn Atlantic assumed coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective for the company. Royal Bank of Canada increased their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 25th. Finally, Piper Sandler initiated coverage on shares of Ford Motor in a research note on Friday, March 15th. They issued a “neutral” rating and a $13.00 price target for the company. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.74.

Insider Transactions at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.40% of the company’s stock.

Ford Motor Price Performance

Shares of F stock traded down $0.02 during trading hours on Thursday, reaching $12.13. The stock had a trading volume of 28,990,101 shares, compared to its average volume of 53,505,438. The stock’s fifty day simple moving average is $12.65 and its 200 day simple moving average is $11.81. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. The firm has a market capitalization of $48.43 billion, a PE ratio of 12.51, a PEG ratio of 0.84 and a beta of 1.61. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. The business had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.63 earnings per share. On average, equities research analysts predict that Ford Motor will post 1.94 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.95%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is currently 61.86%.

About Ford Motor

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.