Intrust Bank NA Decreases Stock Position in Ford Motor (NYSE:F)

Intrust Bank NA trimmed its position in shares of Ford Motor (NYSE:F) by 4.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 49,688 shares of the auto manufacturer’s stock after selling 2,458 shares during the quarter. Intrust Bank NA’s holdings in Ford Motor were worth $492,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of F. Hager Investment Management Services LLC purchased a new stake in shares of Ford Motor in the fourth quarter worth approximately $26,000. Bank of Jackson Hole Trust purchased a new stake in Ford Motor in the fourth quarter worth $29,000. Flagship Wealth Advisors LLC purchased a new stake in Ford Motor in the fourth quarter worth $30,000. Kentucky Trust Co purchased a new stake in shares of Ford Motor during the fourth quarter valued at $31,000. Finally, Crewe Advisors LLC grew its holdings in shares of Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

F stock opened at $9.73 on Monday. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The firm has a market cap of $38.54 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 0.61 and a beta of 1.59. 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 firm has a 50-day simple moving average of $9.75 and a two-hundred day simple moving average of $10.28.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.17%. Ford Motor’s dividend payout ratio (DPR) is 41.10%.

Wall Street Analyst Weigh In

F has been the subject of a number of research analyst reports. Royal Bank of Canada decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Wells Fargo & Company decreased their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Piper Sandler dropped their price objective on Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, March 20th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $11.37.

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.