Tompkins Financial Corp Cuts Position in Ford Motor (NYSE:F)

Tompkins Financial Corp lowered its position in Ford Motor (NYSE:F) by 6.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,585 shares of the auto manufacturer’s stock after selling 980 shares during the quarter. Tompkins Financial Corp’s holdings in Ford Motor were worth $143,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norden Group LLC acquired a new position in shares of Ford Motor in the 1st quarter valued at $255,000. GSA Capital Partners LLP boosted its stake in shares of Ford Motor by 42.3% during the first quarter. GSA Capital Partners LLP now owns 33,290 shares of the auto manufacturer’s stock worth $442,000 after buying an additional 9,901 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Ford Motor by 3.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 63,372 shares of the auto manufacturer’s stock worth $842,000 after buying an additional 1,942 shares during the last quarter. Empowered Funds LLC raised its stake in Ford Motor by 24.0% during the 1st quarter. Empowered Funds LLC now owns 79,963 shares of the auto manufacturer’s stock valued at $1,062,000 after acquiring an additional 15,480 shares during the last quarter. Finally, KCM Investment Advisors LLC lifted its position in Ford Motor by 25.4% during the 1st quarter. KCM Investment Advisors LLC now owns 26,487 shares of the auto manufacturer’s stock worth $352,000 after acquiring an additional 5,367 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Up 0.1 %

Shares of Ford Motor stock opened at $10.97 on Friday. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The company has a market capitalization of $43.60 billion, a P/E ratio of 12.47, a P/E/G ratio of 2.03 and a beta of 1.62. The business has a 50 day moving average price of $10.77 and a 200 day moving average price of $11.57. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same period in the previous year, the firm posted $0.39 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. Sell-side analysts anticipate that Ford Motor will post 1.82 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.47%. The ex-dividend date is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Analyst Ratings Changes

Several equities research analysts have recently commented on F shares. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and upped their price target for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Wells Fargo & Company lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Barclays cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft lowered their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Finally, StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus target price of $12.02.

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.