Diversified Trust Co Sells 91,955 Shares of Ford Motor Company $F

Diversified Trust Co lessened its holdings in Ford Motor Company (NYSE:F) by 63.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,373 shares of the auto manufacturer’s stock after selling 91,955 shares during the quarter. Diversified Trust Co’s holdings in Ford Motor were worth $604,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Ford Motor in the 4th quarter valued at about $674,437,000. DLD Asset Management LP purchased a new stake in Ford Motor during the 3rd quarter valued at about $299,000,000. Marshall Wace LLP grew its position in Ford Motor by 81.1% during the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after acquiring an additional 15,866,285 shares during the last quarter. AQR Capital Management LLC increased its stake in Ford Motor by 610.1% in the 4th quarter. AQR Capital Management LLC now owns 11,177,304 shares of the auto manufacturer’s stock worth $146,646,000 after purchasing an additional 9,603,267 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Ford Motor by 26.9% in the 4th quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock worth $500,572,000 after purchasing an additional 8,086,564 shares during the period. 58.74% of the stock is owned by institutional investors.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $14.14 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 cap of $56.34 billion, a PE ratio of -9.12, a P/E/G ratio of 0.30 and a beta of 1.79. The business has a 50 day moving average of $13.85 and a 200 day moving average of $13.36. Ford Motor Company has a 52 week low of $10.47 and a 52 week high of $17.78.

Ford Motor (NYSE:F) last announced 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 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%.The firm’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.14 earnings per share. As a group, equities research analysts forecast that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have recently weighed in on F. TD Cowen dropped their price objective on Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research note on Friday, May 1st. Citigroup lifted their target price 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. Royal Bank Of Canada reiterated a “sector perform” rating and set a $13.00 price target on shares of Ford Motor in a report on Friday, May 15th. Wells Fargo & Company increased their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday. Finally, UBS Group raised their price target on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, June 8th. 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $14.70.

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.