Massmutual Trust Co. FSB ADV Acquires 8,696 Shares of Ford Motor (NYSE:F)

Massmutual Trust Co. FSB ADV boosted its holdings in shares of Ford Motor (NYSE:F) by 3.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,779 shares of the auto manufacturer’s stock after acquiring an additional 8,696 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Ford Motor were worth $2,932,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in F. Sequoia Financial Advisors LLC grew its stake in Ford Motor by 15.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock valued at $4,171,000 after acquiring an additional 44,581 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Ford Motor by 1.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock valued at $71,039,000 after buying an additional 59,082 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Ford Motor by 287.4% during the 4th quarter. Cerity Partners LLC now owns 606,057 shares of the auto manufacturer’s stock valued at $7,388,000 after purchasing an additional 449,604 shares during the period. Wedmont Private Capital grew its stake in Ford Motor by 33.1% during the first quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock valued at $232,000 after acquiring an additional 4,255 shares in the last quarter. Finally, Hodges Capital Management Inc. raised its position in shares of Ford Motor by 18.3% in the first quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock worth $1,268,000 after buying an additional 14,750 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

NYSE F traded down $0.30 on Monday, reaching $9.73. 115,235,043 shares of the stock were exchanged, compared to its average volume of 54,821,371. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The firm has a market capitalization of $38.68 billion, a PE ratio of 9.92, a PEG ratio of 0.75 and a beta of 1.62. The company’s 50-day simple moving average is $12.40 and its two-hundred day simple moving average is $12.39.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 earnings per share. Analysts expect that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. The ex-dividend date of this dividend is Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Insider Buying and Selling

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the sale, the director now directly owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

F has been the subject of a number of research reports. UBS Group boosted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday. Royal Bank of Canada lifted their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 25th. Sanford C. Bernstein began coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price objective on the stock. Finally, Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus target price of $13.75.

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.