MassMutual Private Wealth & Trust FSB Reduces Holdings in Ford Motor (NYSE:F)

MassMutual Private Wealth & Trust FSB lessened its position in shares of Ford Motor (NYSE:F) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 223,672 shares of the auto manufacturer’s stock after selling 14,612 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Ford Motor were worth $2,214,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in F. Franklin Resources Inc. boosted its stake in Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after buying an additional 336,720 shares during the period. Principal Financial Group Inc. boosted its position in shares of Ford Motor by 3.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after purchasing an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC acquired a new stake in Ford Motor in the 3rd quarter valued at approximately $55,456,000. CHURCHILL MANAGEMENT Corp purchased a new stake in Ford Motor in the fourth quarter valued at approximately $10,853,000. Finally, ING Groep NV lifted its stake in Ford Motor by 93.4% during the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock worth $12,473,000 after purchasing an additional 570,293 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Barclays dropped their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and an average target price of $11.83.

Ford Motor Stock Performance

Shares of F stock opened at $10.17 on Tuesday. The company has a market cap of $40.43 billion, a P/E ratio of 11.56, a PEG ratio of 1.86 and a beta of 1.64. The firm has a fifty day moving average price of $10.38 and a 200 day moving average price of $10.91. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.39 EPS. Sell-side analysts predict that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.90%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

About Ford Motor

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.