Massmutual Trust Co. FSB ADV Increases Holdings in Ford Motor (NYSE:F)

Massmutual Trust Co. FSB ADV grew its stake in shares of Ford Motor (NYSE:F) by 3.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 233,779 shares of the auto manufacturer’s stock after acquiring an additional 8,696 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Ford Motor were worth $2,932,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Norges Bank bought a new position in shares of Ford Motor in the fourth quarter worth approximately $475,899,000. Coatue Management LLC purchased a new position in shares of Ford Motor in the fourth quarter valued at about $149,152,000. Newport Trust Company LLC boosted its stake in shares of Ford Motor by 4.5% in the fourth quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock worth $1,891,610,000 after acquiring an additional 6,667,808 shares during the period. Fisher Asset Management LLC grew its position in shares of Ford Motor by 6.3% during the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock worth $721,065,000 after purchasing an additional 3,522,965 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in Ford Motor by 1,084.8% during the 4th quarter. International Assets Investment Management LLC now owns 2,696,966 shares of the auto manufacturer’s stock valued at $32,876,000 after purchasing an additional 2,469,344 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

Ford Motor stock traded down $0.30 during mid-day trading on Monday, hitting $9.73. The company had a trading volume of 115,235,043 shares, compared to its average volume of 54,821,371. The company has a market capitalization of $38.68 billion, a price-to-earnings ratio of 9.92, a P/E/G 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 company’s fifty day moving average is $12.40 and its 200-day moving average is $12.39. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30.

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

Ford Motor Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have commented on F shares. Citigroup increased their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. Royal Bank of Canada upped their price objective on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Barclays cut their target price on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, July 25th. Finally, Sanford C. Bernstein initiated coverage on shares of Ford Motor in a research note on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Ford Motor has an average rating of “Hold” and an average target price of $13.75.

Insider Transactions at Ford Motor

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Ford Motor Company 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.