48,825 Shares in Ford Motor (NYSE:F) Purchased by Texas Bank & Trust Co

Texas Bank & Trust Co bought a new stake in Ford Motor (NYSE:F) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 48,825 shares of the auto manufacturer’s stock, valued at approximately $483,000.

Several other institutional investors also recently bought and sold shares of the company. NCP Inc. grew its holdings in shares of Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer’s stock valued at $738,000 after purchasing an additional 28,528 shares in the last quarter. Alberta Investment Management Corp boosted its position in Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer’s stock valued at $1,941,000 after buying an additional 91,300 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Ford Motor by 12.3% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer’s stock valued at $4,511,000 after buying an additional 49,844 shares during the period. ABC Arbitrage SA acquired a new position in shares of Ford Motor in the fourth quarter worth $1,012,000. Finally, Donoghue Forlines LLC purchased a new stake in shares of Ford Motor during the fourth quarter worth $1,475,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Performance

NYSE F opened at $10.80 on Friday. The company has a fifty day moving average of $9.90 and a two-hundred day moving average of $10.05. The company has a market capitalization of $42.79 billion, a PE ratio of 7.39, a P/E/G ratio of 0.61 and a beta of 1.53. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F) last announced its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion during the quarter, compared to analysts’ expectations of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The business’s revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 EPS. As a group, analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.56%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor’s payout ratio is currently 48.00%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on F. Wolfe Research upgraded Ford Motor from an “underperform” rating to a “peer perform” rating in a report on Wednesday, April 30th. Evercore ISI lowered their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Piper Sandler cut their target price on shares of Ford Motor from $9.00 to $8.50 and set a “neutral” rating on the stock in a research note on Tuesday, May 6th. Citigroup lifted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 7th. Finally, Royal Bank of Canada dropped their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average price target of $10.00.

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.