Hancock Whitney Corp Has $667,000 Position in Ford Motor (NYSE:F)

Hancock Whitney Corp decreased its position in shares of Ford Motor (NYSE:F) by 20.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,164 shares of the auto manufacturer’s stock after selling 13,498 shares during the period. Hancock Whitney Corp’s holdings in Ford Motor were worth $667,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Gilbert & Cook Inc. grew its position in Ford Motor by 4.1% in the fourth quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock valued at $569,000 after acquiring an additional 1,836 shares during the last quarter. Aveo Capital Partners LLC grew its holdings in shares of Ford Motor by 6.9% during the 4th quarter. Aveo Capital Partners LLC now owns 20,906 shares of the auto manufacturer’s stock valued at $255,000 after purchasing an additional 1,352 shares during the last quarter. Gryphon Financial Partners LLC increased its position in Ford Motor by 4.0% during the 4th quarter. Gryphon Financial Partners LLC now owns 26,116 shares of the auto manufacturer’s stock worth $334,000 after purchasing an additional 1,002 shares in the last quarter. Congress Wealth Management LLC DE acquired a new position in Ford Motor during the 4th quarter worth approximately $235,000. Finally, Cantor Fitzgerald Investment Advisors L.P. bought a new position in Ford Motor in the 4th quarter valued at approximately $1,060,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Morgan Stanley reiterated an “overweight” rating and set a $16.00 price target on shares of Ford Motor in a report on Thursday, September 12th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $11.00 price target on shares of Ford Motor in a research note on Tuesday, September 10th. Royal Bank of Canada lowered their price objective on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research note on Monday, August 12th. Finally, The Goldman Sachs Group dropped their price objective on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, July 25th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average price target of $12.95.

Ford Motor Price Performance

Shares of NYSE F opened at $10.91 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The company has a market capitalization of $43.54 billion, a PE ratio of 11.24, a P/E/G ratio of 0.76 and a beta of 1.62. The firm has a fifty day simple moving average of $11.16 and a 200 day simple moving average of $12.02. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The business had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.72 EPS. On average, sell-side analysts forecast that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.50%. Ford Motor’s payout ratio is presently 61.86%.

Ford Motor Company 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.