Newport Trust Co Increases Stake in Ford Motor (F)

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Newport Trust Co lifted its position in shares of Ford Motor (NYSE:F) by 0.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 186,873,306 shares of the auto manufacturer’s stock after buying an additional 261,968 shares during the quarter. Ford Motor accounts for 4.7% of Newport Trust Co’s portfolio, making the stock its 5th biggest holding. Newport Trust Co’s holdings in Ford Motor were worth $1,429,581,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in F. American International Group Inc. increased its stake in Ford Motor by 0.4% during the 3rd quarter. American International Group Inc. now owns 1,707,885 shares of the auto manufacturer’s stock worth $15,798,000 after acquiring an additional 6,927 shares during the period. Gradient Investments LLC increased its stake in Ford Motor by 63.9% during the 3rd quarter. Gradient Investments LLC now owns 16,354 shares of the auto manufacturer’s stock worth $151,000 after acquiring an additional 6,376 shares during the period. Vectors Research Management LLC bought a new position in Ford Motor during the 3rd quarter worth $167,000. Commonwealth Bank of Australia increased its stake in Ford Motor by 12.2% during the 3rd quarter. Commonwealth Bank of Australia now owns 1,511,567 shares of the auto manufacturer’s stock worth $13,976,000 after acquiring an additional 163,900 shares during the period. Finally, Virtu Financial LLC increased its stake in Ford Motor by 529.3% during the 4th quarter. Virtu Financial LLC now owns 251,828 shares of the auto manufacturer’s stock worth $1,926,000 after acquiring an additional 211,812 shares during the period. Institutional investors own 53.84% of the company’s stock.

Shares of F stock opened at $8.39 on Friday. The firm has a market capitalization of $33.02 billion, a price-to-earnings ratio of 6.45, a price-to-earnings-growth ratio of 0.76 and a beta of 1.04. Ford Motor has a fifty-two week low of $7.41 and a fifty-two week high of $12.15. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.07 and a current ratio of 1.19.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, January 23rd. The auto manufacturer reported $0.30 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.30. The firm had revenue of $38.70 billion for the quarter, compared to the consensus estimate of $36.83 billion. Ford Motor had a return on equity of 14.38% and a net margin of 2.29%. The company’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 EPS. On average, analysts forecast that Ford Motor will post 1.2 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, January 31st will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 7.15%. The ex-dividend date of this dividend is Wednesday, January 30th. Ford Motor’s dividend payout ratio (DPR) is 46.15%.

A number of equities analysts have commented on the company. ValuEngine lowered Ford Motor from a “sell” rating to a “strong sell” rating in a research note on Thursday. Zacks Investment Research lowered Ford Motor from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th. Jefferies Financial Group restated a “buy” rating and set a $11.00 price objective on shares of Ford Motor in a research note on Tuesday, January 8th. BMO Capital Markets restated a “hold” rating and set a $8.50 price objective on shares of Ford Motor in a research note on Monday, January 7th. Finally, Barclays set a $9.00 target price on Ford Motor and gave the company a “hold” rating in a report on Friday, January 4th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the stock. Ford Motor presently has an average rating of “Hold” and a consensus target price of $10.50.

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Ford Motor Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including 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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