Ford Motor (NYSE:F) Holdings Cut by Appleton Partners Inc. MA

Appleton Partners Inc. MA decreased its position in shares of Ford Motor (NYSE:F) by 9.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,135 shares of the auto manufacturer’s stock after selling 3,855 shares during the period. Appleton Partners Inc. MA’s holdings in Ford Motor were worth $480,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its position in Ford Motor by 15.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock worth $4,171,000 after buying an additional 44,581 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in Ford Motor by 616.0% during the third quarter. Axxcess Wealth Management LLC now owns 300,951 shares of the auto manufacturer’s stock worth $3,738,000 after purchasing an additional 258,920 shares during the period. Public Sector Pension Investment Board raised its position in shares of Ford Motor by 11.9% in the third quarter. Public Sector Pension Investment Board now owns 421,118 shares of the auto manufacturer’s stock valued at $5,230,000 after purchasing an additional 44,805 shares during the period. CVA Family Office LLC bought a new stake in shares of Ford Motor during the 4th quarter worth $56,000. Finally, Jacobs Levy Equity Management Inc. grew its stake in Ford Motor by 21.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 12,352,718 shares of the auto manufacturer’s stock valued at $153,421,000 after buying an additional 2,190,915 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock traded down $0.04 during trading hours on Tuesday, hitting $11.81. 12,616,913 shares of the stock were exchanged, compared to its average volume of 51,082,637. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42. The business’s 50-day moving average is $12.29 and its two-hundred day moving average is $12.17. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. The stock has a market capitalization of $47.15 billion, a P/E ratio of 12.19, a P/E/G ratio of 0.77 and a beta of 1.61.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. The firm had revenue of $42.78 billion during the quarter, compared to analysts’ expectations of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The business’s revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.63 EPS. Equities research analysts expect that Ford Motor will post 1.99 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date of this dividend was Tuesday, May 7th. Ford Motor’s dividend payout ratio is currently 61.86%.

Insiders Place Their Bets

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on F shares. Sanford C. Bernstein started coverage on shares of Ford Motor in a research note on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price objective on the stock. Barclays boosted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. UBS Group increased their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Citigroup upped their price target on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Finally, Royal Bank of Canada raised their price objective on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $13.89.

Ford Motor Profile

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.