Diversified Trust Co Purchases 64,636 Shares of Ford Motor Company $F

Diversified Trust Co grew its position in shares of Ford Motor Company (NYSE:F) by 560.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,174 shares of the auto manufacturer’s stock after acquiring an additional 64,636 shares during the quarter. Diversified Trust Co’s holdings in Ford Motor were worth $911,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in F. Trust Co. of Toledo NA OH bought a new position in Ford Motor in the second quarter valued at $25,000. Corsicana & Co. acquired a new position in shares of Ford Motor during the 3rd quarter worth about $25,000. Country Trust Bank bought a new position in shares of Ford Motor in the 2nd quarter valued at about $27,000. Capital A Wealth Management LLC increased its position in shares of Ford Motor by 990.9% in the second quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 2,279 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in Ford Motor during the second quarter worth about $30,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of F opened at $13.14 on Friday. The company’s 50-day moving average is $13.21 and its 200-day moving average is $12.10. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. The firm has a market capitalization of $52.36 billion, a PE ratio of 11.33 and a beta of 1.60. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $13.99.

Ford Motor (NYSE:F) last announced its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, topping the consensus estimate of $0.38 by $0.07. The business had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. Ford Motor’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 EPS. Equities analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 7th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.6%. Ford Motor’s dividend payout ratio (DPR) is 51.72%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Royal Bank Of Canada raised their price target on Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a research note on Friday, October 24th. UBS Group raised their target price on shares of Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Monday, October 6th. Wall Street Zen upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Saturday, December 27th. Piper Sandler increased their price target on shares of Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. Three research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.18.

Ford Motor 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.