Todays Report: Today, Diversified Trust Co Sold shares of Ford Motor Co. (F)

Today, Diversified Trust Co Sold shares of Ford Motor Co. (F)

Diversified Trust Co lowered its position in Ford Motor Co. (NYSE:F) by 90.5% during the third quarter, according to its most recent filing with the SEC. The fund owned 12,675 shares of the auto manufacturer’s stock after selling 120,675 shares during the period. Diversified Trust Co’s holdings in Ford Motor were worth $153,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Ford Motor by 3.8% in the second quarter. Vanguard Group Inc. now owns 244,456,762 shares of the auto manufacturer’s stock worth $3,072,821,000 after buying an additional 8,920,917 shares during the last quarter. BlackRock Fund Advisors raised its position in Ford Motor by 2.9% in the second quarter. BlackRock Fund Advisors now owns 45,632,847 shares of the auto manufacturer’s stock worth $573,605,000 after buying an additional 1,265,872 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Ford Motor by 2.8% in the second quarter. Dimensional Fund Advisors LP now owns 34,862,832 shares of the auto manufacturer’s stock worth $438,231,000 after buying an additional 953,271 shares during the last quarter. BlackRock Group LTD raised its position in Ford Motor by 1.1% in the second quarter. BlackRock Group LTD now owns 32,225,481 shares of the auto manufacturer’s stock worth $405,073,000 after buying an additional 345,115 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Ford Motor by 17.5% in the second quarter. Ameriprise Financial Inc. now owns 30,706,144 shares of the auto manufacturer’s stock worth $385,950,000 after buying an additional 4,582,387 shares during the last quarter. 55.22% of the stock is currently owned by institutional investors.

Ford Motor Co. (NYSE:F) traded up 1.18% on Friday, reaching $12.04. 11,439,553 shares of the company’s stock were exchanged. The stock has a market cap of $47.84 billion, a price-to-earnings ratio of 6.65 and a beta of 1.12. The firm has a 50 day moving average of $11.88 and a 200-day moving average of $12.56. Ford Motor Co. has a one year low of $11.02 and a one year high of $14.62.

Ford Motor (NYSE:F) last announced its earnings results on Thursday, October 27th. The auto manufacturer reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06. Ford Motor had a net margin of 4.80% and a return on equity of 26.97%. The company had revenue of $35.90 billion for the quarter, compared to analysts’ expectations of $32.70 billion. During the same quarter in the previous year, the company posted $0.45 EPS. The firm’s quarterly revenue was down 6.9% on a year-over-year basis. Equities research analysts forecast that Ford Motor Co. will post $1.81 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Thursday, October 27th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, October 25th. This represents a $0.60 annualized dividend and a yield of 4.98%. Ford Motor’s dividend payout ratio (DPR) is presently 33.15%.

A number of research firms have weighed in on F. Jefferies Group set a $10.00 price target on shares of Ford Motor and gave the stock a “sell” rating in a research report on Saturday, November 19th. TheStreet lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Thursday, November 3rd. Nomura began coverage on shares of Ford Motor in a research report on Tuesday, September 20th. They issued a “buy” rating and a $14.00 price target for the company. Barclays PLC reiterated an “equal weight” rating and issued a $12.00 price target on shares of Ford Motor in a research report on Monday, September 12th. Finally, Citigroup Inc. reiterated an “overweight” rating on shares of Ford Motor in a research report on Friday, October 21st. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Ford Motor presently has a consensus rating of “Hold” and an average price target of $13.77.

In other news, insider Sankar S. Nair sold 82,000 shares of the business’s stock in a transaction dated Tuesday, October 4th. The shares were sold at an average price of $12.11, for a total transaction of $993,020.00. Following the transaction, the insider now owns 32,969 shares of the company’s stock, valued at approximately $399,254.59. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Ziad S. Ojakli sold 10,000 shares of the business’s stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $11.86, for a total transaction of $118,600.00. Following the transaction, the insider now directly owns 503,246 shares in the company, valued at approximately $5,968,497.56. The disclosure for this sale can be found here. Company insiders own 1.10% of the company’s stock.

About Ford Motor

Ford Motor Company (Ford) is a global automotive and mobility company. The Company’s principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. The Company operates in two sectors: Automotive and Financial Services.

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