First Hawaiian Bank Sells 1,258 Shares of Ford Motor (NYSE:F)

First Hawaiian Bank lessened its position in shares of Ford Motor (NYSE:F) by 2.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 49,284 shares of the auto manufacturer’s stock after selling 1,258 shares during the quarter. First Hawaiian Bank’s holdings in Ford Motor were worth $618,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Pinnacle Associates Ltd. raised its holdings in shares of Ford Motor by 2.6% during the 1st quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock worth $432,000 after acquiring an additional 817 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Ford Motor by 29.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock worth $44,000 after buying an additional 828 shares in the last quarter. Legacy Wealth Asset Management LLC increased its holdings in shares of Ford Motor by 1.7% in the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock worth $650,000 after buying an additional 836 shares during the last quarter. First United Bank & Trust raised its position in shares of Ford Motor by 5.4% during the 4th quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock valued at $201,000 after buying an additional 850 shares in the last quarter. Finally, Lee Financial Co lifted its holdings in shares of Ford Motor by 3.6% in the 4th quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock valued at $303,000 after acquiring an additional 854 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the subject of a number of recent analyst reports. The Goldman Sachs Group dropped their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, July 25th. Barclays reduced their price target on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Royal Bank of Canada boosted their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. Citigroup increased their target price on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Finally, StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average price target of $13.75.

Ford Motor Stock Performance

NYSE F traded down $0.30 on Monday, reaching $9.73. The stock had a trading volume of 115,235,043 shares, compared to its average volume of 54,821,371. The stock has a market cap of $38.68 billion, a P/E ratio of 9.92, a price-to-earnings-growth ratio of 0.75 and a beta of 1.62. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The business’s 50-day moving average price is $12.40 and its 200 day moving average price is $12.39. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The company had revenue of $47.81 billion for the quarter, compared to analysts’ expectations of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.72 earnings per share. As a group, equities analysts expect that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date is Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Insider Transactions at Ford Motor

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now directly owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.80% of the company’s stock.

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.