Trust Co. of Vermont Acquires 1,000 Shares of Ford Motor (NYSE:F)

Trust Co. of Vermont raised its holdings in shares of Ford Motor (NYSE:F) by 38.4% in the 4th quarter, Holdings Channel reports. The firm owned 3,602 shares of the auto manufacturer’s stock after purchasing an additional 1,000 shares during the quarter. Trust Co. of Vermont’s holdings in Ford Motor were worth $44,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC increased its holdings in 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 during the period. First United Bank & Trust increased its holdings in Ford Motor by 5.4% in the 4th quarter. First United Bank & Trust now owns 16,486 shares of the auto manufacturer’s stock worth $201,000 after buying an additional 850 shares during the period. Lee Financial Co increased its holdings in Ford Motor by 3.6% in the 4th quarter. Lee Financial Co now owns 24,836 shares of the auto manufacturer’s stock worth $303,000 after buying an additional 854 shares during the period. Bigelow Investment Advisors LLC increased its holdings in Ford Motor by 4.9% in the 4th quarter. Bigelow Investment Advisors LLC now owns 19,354 shares of the auto manufacturer’s stock worth $236,000 after buying an additional 908 shares during the period. Finally, Centaurus Financial Inc. boosted its position in Ford Motor by 1.8% in the 4th quarter. Centaurus Financial Inc. now owns 51,428 shares of the auto manufacturer’s stock worth $627,000 after purchasing an additional 911 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Insider Buying and Selling 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 on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the transaction, the director now owns 168,601 shares in the company, valued at approximately $2,038,386.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on F. Sanford C. Bernstein began coverage on Ford Motor in a research report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price objective on the stock. Piper Sandler began coverage on Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. Barclays upped their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. UBS Group upped their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Finally, Citigroup upped their price objective on Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $13.89.

Ford Motor Trading Down 0.6 %

Shares of NYSE:F opened at $11.78 on Wednesday. The business’s 50 day moving average price is $12.26 and its 200-day moving average price is $12.18. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. The firm has a market capitalization of $47.03 billion, a price-to-earnings ratio of 12.14, a price-to-earnings-growth ratio of 0.77 and a beta of 1.61. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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 company had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 EPS. On average, equities research analysts forecast that Ford Motor will post 1.99 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were issued a $0.15 dividend. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.09%. 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.