TIAA Trust National Association Has $1.35 Million Stock Holdings in Ford Motor (NYSE:F)

TIAA Trust National Association boosted its position in shares of Ford Motor (NYSE:F) by 27.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 107,802 shares of the auto manufacturer’s stock after acquiring an additional 23,207 shares during the period. TIAA Trust National Association’s holdings in Ford Motor were worth $1,352,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Verus Capital Partners LLC lifted its holdings in shares of Ford Motor by 58.0% during the 2nd quarter. Verus Capital Partners LLC now owns 28,722 shares of the auto manufacturer’s stock worth $360,000 after acquiring an additional 10,539 shares during the period. Convergence Investment Partners LLC boosted its holdings in Ford Motor by 138.7% during the second quarter. Convergence Investment Partners LLC now owns 98,017 shares of the auto manufacturer’s stock valued at $1,229,000 after purchasing an additional 56,961 shares in the last quarter. Resonant Capital Advisors LLC grew its stake in shares of Ford Motor by 8.9% in the 2nd quarter. Resonant Capital Advisors LLC now owns 14,241 shares of the auto manufacturer’s stock valued at $179,000 after purchasing an additional 1,168 shares during the period. Crestwood Advisors Group LLC raised its holdings in shares of Ford Motor by 533.2% in the 2nd quarter. Crestwood Advisors Group LLC now owns 77,869 shares of the auto manufacturer’s stock worth $976,000 after buying an additional 65,572 shares in the last quarter. Finally, Elevated Capital Advisors LLC bought a new position in shares of Ford Motor during the 2nd quarter worth approximately $848,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 0.3 %

F stock opened at $10.95 on Thursday. The business has a fifty day moving average of $11.77 and a 200-day moving average of $12.17. The company has a market cap of $43.72 billion, a P/E ratio of 11.29, a PEG ratio of 0.81 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same quarter in the previous year, the firm posted $0.72 earnings per share. Ford Motor’s quarterly revenue was up 6.3% compared to the same quarter last year. As a group, equities research analysts expect that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.48%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on F. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Royal Bank of Canada dropped their target price on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research report on Monday, August 12th. Sanford C. Bernstein assumed coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price target on the stock. Barclays dropped their price objective 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, The Goldman Sachs Group reduced their target price on Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, July 25th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.48.

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.