TIAA Trust National Association Reduces Stock Position in Ford Motor (NYSE:F)

TIAA Trust National Association decreased its holdings in Ford Motor (NYSE:F) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,424 shares of the auto manufacturer’s stock after selling 6,973 shares during the period. TIAA Trust National Association’s holdings in Ford Motor were worth $776,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in F. Hager Investment Management Services LLC purchased a new stake in Ford Motor during the fourth quarter valued at approximately $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the 4th quarter valued at approximately $29,000. Flagship Wealth Advisors LLC purchased a new stake in Ford Motor during the 4th quarter valued at $30,000. Kentucky Trust Co bought a new stake in Ford Motor in the fourth quarter worth $31,000. Finally, Crewe Advisors LLC boosted its stake in Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,068 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 3.7 %

NYSE F opened at $9.92 on Friday. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market capitalization of $39.30 billion, a price-to-earnings ratio of 6.79, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. The company’s 50-day simple moving average is $9.76 and its two-hundred day simple moving average is $10.28.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.05%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on F. JPMorgan Chase & Co. lowered their target price on shares of Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a report on Thursday. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. TD Cowen initiated coverage on Ford Motor in a report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. Finally, BNP Paribas upgraded Ford Motor to a “hold” rating in a research note on Monday, February 10th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.37.

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.