Ford Motor (NYSE:F) Stock Holdings Boosted by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. lifted its position in shares of Ford Motor (NYSE:F) by 47.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 105,270 shares of the auto manufacturer’s stock after acquiring an additional 33,800 shares during the period. Cullen Frost Bankers Inc.’s holdings in Ford Motor were worth $965,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in F. Asset Dedication LLC lifted its holdings in Ford Motor by 80.2% in the third quarter. Asset Dedication LLC now owns 3,166 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 1,409 shares during the period. Strategic Blueprint LLC acquired a new stake in Ford Motor in the 3rd quarter valued at about $30,000. West Oak Capital LLC lifted its holdings in Ford Motor by 46.3% in the 2nd quarter. West Oak Capital LLC now owns 3,579 shares of the auto manufacturer’s stock valued at $37,000 after acquiring an additional 1,132 shares during the last quarter. Citizens Financial Group Inc RI lifted its holdings in Ford Motor by 63.6% in the 2nd quarter. Citizens Financial Group Inc RI now owns 3,601 shares of the auto manufacturer’s stock valued at $37,000 after acquiring an additional 1,400 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Ford Motor in the 2nd quarter valued at about $39,000. Institutional investors and hedge funds own 53.79% of the company’s stock.

A number of brokerages have weighed in on F. Credit Suisse Group downgraded shares of Ford Motor to an “outperform” rating and set a $12.00 price target for the company. in a report on Wednesday, September 11th. Royal Bank of Canada reissued a “neutral” rating and issued a $10.50 price target on shares of Ford Motor in a report on Thursday, July 25th. ValuEngine downgraded shares of Ford Motor from a “hold” rating to a “sell” rating in a report on Friday, November 1st. Buckingham Research cut their price target on shares of Ford Motor from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Tuesday, October 1st. Finally, Bank of America downgraded shares of Ford Motor to a “buy” rating and set a $13.00 price target for the company. in a report on Tuesday, September 10th. Four analysts have rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $10.35.

In other Ford Motor news, CEO James P. Hackett sold 20,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $9.16, for a total transaction of $183,200.00. Following the sale, the chief executive officer now owns 174,575 shares in the company, valued at approximately $1,599,107. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider James D. Farley, Jr. sold 45,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $9.19, for a total value of $413,550.00. Following the completion of the transaction, the insider now owns 496,753 shares in the company, valued at approximately $4,565,160.07. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 105,000 shares of company stock worth $946,550. Corporate insiders own 0.83% of the company’s stock.

NYSE F opened at $9.04 on Friday. The stock’s 50-day moving average price is $8.91 and its two-hundred day moving average price is $9.55. The company has a current ratio of 1.17, a quick ratio of 1.04 and a debt-to-equity ratio of 2.81. The company has a market cap of $35.84 billion, a PE ratio of 6.95, a PEG ratio of 1.01 and a beta of 1.10. Ford Motor has a 1 year low of $7.41 and a 1 year high of $10.56.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, October 23rd. The auto manufacturer reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.08. The firm had revenue of $33.93 billion for the quarter, compared to the consensus estimate of $33.88 billion. Ford Motor had a return on equity of 15.53% and a net margin of 1.01%. The business’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.29 EPS. Research analysts forecast that Ford Motor will post 1.23 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Tuesday, October 22nd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, October 21st. This represents a $0.60 annualized dividend and a yield of 6.64%. Ford Motor’s payout ratio is presently 46.15%.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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