Ford Motor (NYSE:F) Stock Holdings Cut by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. reduced its position in shares of Ford Motor (NYSE:F) by 1.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,382 shares of the auto manufacturer’s stock after selling 1,108 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Ford Motor were worth $782,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pinnacle Associates Ltd. boosted its stake in Ford Motor by 2.6% during the 1st quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock valued at $432,000 after purchasing an additional 817 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Ford Motor by 29.8% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock valued at $44,000 after purchasing an additional 828 shares in the last quarter. Legacy Wealth Asset Management LLC boosted its stake in Ford Motor by 1.7% during the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock valued at $650,000 after purchasing an additional 836 shares in the last quarter. Insight Wealth Partners LLC boosted its stake in Ford Motor by 1.9% during the 2nd quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock valued at $554,000 after purchasing an additional 843 shares in the last quarter. Finally, Pallas Capital Advisors LLC boosted its stake in Ford Motor by 2.9% during the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock valued at $374,000 after purchasing an additional 846 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Price Performance

Shares of NYSE:F opened at $10.91 on Wednesday. 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 1 year low of $9.49 and a 1 year high of $14.85. The business has a fifty day simple moving average of $11.39 and a 200 day simple moving average of $12.07. The firm has a market cap of $43.54 billion, a price-to-earnings ratio of 11.24, a P/E/G ratio of 0.76 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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 firm had revenue of $47.81 billion for the quarter, compared to analysts’ expectations of $47.79 billion. During the same quarter in the prior year, the business posted $0.72 earnings per share. Ford Motor’s revenue was up 6.3% on a year-over-year basis. As a group, sell-side analysts predict that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.50%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on F. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, September 10th. The Goldman Sachs Group cut their price objective on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Wells Fargo & Company cut their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Finally, Wolfe Research began coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $12.95.

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.