Ford Motor (NYSE:F) Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its stake in shares of Ford Motor (NYSE:F) by 8.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,815 shares of the auto manufacturer’s stock after selling 1,890 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Ford Motor were worth $234,000 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. Olistico Wealth LLC acquired a new stake in shares of Ford Motor in the second quarter worth $25,000. Family Firm Inc. acquired a new stake in shares of Ford Motor in the second quarter worth $26,000. Quarry LP acquired a new stake in shares of Ford Motor in the second quarter worth $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor during the 2nd quarter valued at $28,000. Finally, Kimelman & Baird LLC acquired a new stake in Ford Motor during the 2nd quarter valued at $30,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday. Finally, Wolfe Research initiated coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating for the company. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average price target of $12.41.

Ford Motor Trading Up 0.5 %

Ford Motor stock opened at $10.47 on Thursday. The firm’s 50-day moving average is $10.83 and its 200-day moving average is $11.64. 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 has a 1 year low of $9.49 and a 1 year high of $14.85. The company has a market cap of $41.78 billion, a P/E ratio of 10.79, a PEG ratio of 1.58 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period last year, the firm posted $0.39 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, equities analysts expect that Ford Motor will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.73%. Ford Motor’s payout ratio is currently 61.86%.

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.