Diversified Trust Co. Has $1.89 Million Stake in Ford Motor Company $F

Diversified Trust Co. lifted its stake in Ford Motor Company (NYSE:F) by 89.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 144,328 shares of the auto manufacturer’s stock after purchasing an additional 68,154 shares during the quarter. Diversified Trust Co.’s holdings in Ford Motor were worth $1,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Tompkins Financial Corp grew its position in Ford Motor by 21.0% during the fourth quarter. Tompkins Financial Corp now owns 10,631 shares of the auto manufacturer’s stock valued at $139,000 after purchasing an additional 1,846 shares in the last quarter. Financial Management Network Inc. purchased a new stake in Ford Motor in the 4th quarter worth approximately $157,000. Sound View Wealth Advisors Group LLC boosted its stake in shares of Ford Motor by 10.6% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 36,398 shares of the auto manufacturer’s stock valued at $478,000 after buying an additional 3,501 shares during the period. NorthCrest Asset Manangement LLC grew its holdings in shares of Ford Motor by 47.8% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 24,223 shares of the auto manufacturer’s stock valued at $326,000 after acquiring an additional 7,830 shares in the last quarter. Finally, Grove Bank & Trust grew its holdings in shares of Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,000 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider William Clay Ford, Jr. bought 140,000 shares of Ford Motor stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the acquisition, the insider owned 3,912,600 shares in the company, valued at $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on F. Wall Street Zen lowered Ford Motor from a “buy” rating to a “sell” rating in a report on Saturday, February 14th. UBS Group boosted their target price on Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Zacks Research lowered Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Barclays lifted their price target on Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Finally, Piper Sandler raised Ford Motor from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $11.00 to $16.00 in a research note on Thursday, January 8th. Four equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Ford Motor has an average rating of “Hold” and a consensus target price of $13.29.

Ford Motor Trading Down 1.4%

Shares of NYSE:F opened at $11.68 on Thursday. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95. The stock has a market capitalization of $46.58 billion, a PE ratio of -5.67, a P/E/G ratio of 0.28 and a beta of 1.65. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $14.80. The firm has a fifty day moving average price of $13.21 and a 200 day moving average price of $12.93.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.07. The company had revenue of $45.89 billion for the quarter, compared to analyst estimates of $41.78 billion. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The business’s revenue was down 4.8% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. Analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

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.