Ford Motor (F) Stake Lessened by Wesbanco Bank Inc.

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Wesbanco Bank Inc. lowered its position in Ford Motor (NYSE:F) by 49.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 78,139 shares of the auto manufacturer’s stock after selling 76,084 shares during the quarter. Wesbanco Bank Inc.’s holdings in Ford Motor were worth $598,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Howe & Rusling Inc. raised its holdings in shares of Ford Motor by 173.0% during the 4th quarter. Howe & Rusling Inc. now owns 3,631 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 2,301 shares in the last quarter. Lavaca Capital LLC bought a new position in shares of Ford Motor during the 4th quarter valued at $32,000. Ipswich Investment Management Co. Inc. bought a new position in shares of Ford Motor during the 4th quarter valued at $37,000. First Mercantile Trust Co. bought a new position in shares of Ford Motor during the 4th quarter valued at $39,000. Finally, Nelson Roberts Investment Advisors LLC bought a new position in shares of Ford Motor during the 4th quarter valued at $41,000. Institutional investors and hedge funds own 54.13% of the company’s stock.

NYSE F traded up $0.10 during midday trading on Tuesday, hitting $8.43. The company had a trading volume of 7,438,068 shares, compared to its average volume of 44,547,203. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.19 and a quick ratio of 1.07. The firm has a market capitalization of $33.34 billion, a price-to-earnings ratio of 6.48, a P/E/G ratio of 0.77 and a beta of 1.04. Ford Motor has a fifty-two week low of $7.41 and a fifty-two week high of $12.15.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, January 23rd. The auto manufacturer reported $0.30 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.30. The company had revenue of $38.70 billion for the quarter, compared to analyst estimates of $36.83 billion. Ford Motor had a net margin of 2.29% and a return on equity of 14.38%. The business’s quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the business posted $0.39 EPS. As a group, sell-side analysts expect that Ford Motor will post 1.2 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 1st. Shareholders of record on Thursday, January 31st will be given a $0.15 dividend. The ex-dividend date is Wednesday, January 30th. This represents a $0.60 annualized dividend and a yield of 7.12%. Ford Motor’s dividend payout ratio is 46.15%.

A number of research analysts recently issued reports on F shares. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $14.00 to $10.00 in a research note on Friday, October 19th. Bank of America lowered their target price on shares of Ford Motor from $12.50 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, October 25th. Buckingham Research lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, October 25th. Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $9.00 to $12.00 in a research note on Monday, October 29th. Finally, Zacks Investment Research upgraded shares of Ford Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 30th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.50.

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Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including 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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