Ford Motor (NYSE:F) Stock Holdings Lessened by Herold Advisors Inc.

Herold Advisors Inc. reduced its holdings in Ford Motor (NYSE:F) by 4.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 41,260 shares of the auto manufacturer’s stock after selling 1,922 shares during the quarter. Herold Advisors Inc.’s holdings in Ford Motor were worth $503,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Ford Motor by 835.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,839 shares during the period. Milestone Investment Advisors LLC acquired a new stake in shares of Ford Motor in the 3rd quarter worth about $27,000. Peoples Bank KS acquired a new stake in shares of Ford Motor in the 3rd quarter worth about $29,000. Provence Wealth Management Group acquired a new stake in shares of Ford Motor in the 3rd quarter worth about $31,000. Finally, Headinvest LLC acquired a new stake in shares of Ford Motor in the 3rd quarter worth about $31,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 2.1 %

Shares of F traded down $0.27 during midday trading on Friday, hitting $12.77. The stock had a trading volume of 57,211,591 shares, compared to its average volume of 54,332,313. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.42. The business has a 50-day simple moving average of $12.62 and a two-hundred day simple moving average of $11.79. The firm has a market cap of $50.74 billion, a P/E ratio of 13.16, a price-to-earnings-growth ratio of 1.02 and a beta of 1.63. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33.

Ford Motor (NYSE:F) last announced 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. Ford Motor had a net margin of 2.21% and a return on equity of 17.56%. The company had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. During the same period last year, the company posted $0.63 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. As a group, equities analysts forecast that Ford Motor will post 1.9 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.70%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s payout ratio is 61.86%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on F shares. UBS Group increased their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday. Redburn Atlantic started coverage on shares of Ford Motor in a research note on Wednesday, January 24th. They set a “sell” rating and a $10.00 target price on the stock. Royal Bank of Canada raised their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Thursday. Barclays raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Finally, Morgan Stanley raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $14.02.

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of the firm’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 transaction 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 $88,988.06. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.80% of the stock is currently owned by corporate insiders.

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.