EP Wealth Advisors LLC Has $1.01 Million Stake in Ford Motor (NYSE:F)

EP Wealth Advisors LLC lifted its stake in shares of Ford Motor (NYSE:F) by 7.7% during the first quarter, Holdings Channel reports. The fund owned 76,132 shares of the auto manufacturer’s stock after buying an additional 5,467 shares during the quarter. EP Wealth Advisors LLC’s holdings in Ford Motor were worth $1,011,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Sequoia Financial Advisors LLC grew its stake in shares of Ford Motor by 15.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock worth $4,171,000 after acquiring an additional 44,581 shares in the last quarter. CVA Family Office LLC purchased a new stake in Ford Motor in the fourth quarter valued at approximately $56,000. Cerity Partners LLC raised its stake in Ford Motor by 287.4% in the fourth quarter. Cerity Partners LLC now owns 606,057 shares of the auto manufacturer’s stock valued at $7,388,000 after purchasing an additional 449,604 shares in the last quarter. Wedmont Private Capital grew its position in Ford Motor by 33.1% during the first quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock valued at $232,000 after acquiring an additional 4,255 shares during the last quarter. Finally, Hodges Capital Management Inc. grew its position in Ford Motor by 18.3% during the first quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after acquiring an additional 14,750 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of Ford Motor stock traded up $0.03 on Friday, reaching $11.19. 78,296,961 shares of the stock were exchanged, compared to its average volume of 53,456,730. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32. Ford Motor has a twelve month low of $9.63 and a twelve month high of $14.85. The firm has a market capitalization of $44.67 billion, a price-to-earnings ratio of 11.55, a PEG ratio of 0.88 and a beta of 1.62. The business has a 50 day moving average price of $12.57 and a two-hundred day moving average price of $12.41.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The company had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.31%. The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.72 earnings per share. Analysts anticipate that Ford Motor will post 2.03 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.36%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on F shares. The Goldman Sachs Group reduced their price objective on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday. Royal Bank of Canada upped their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 25th. StockNews.com cut shares of Ford Motor from a “hold” rating to a “sell” rating in a research note on Thursday. Barclays dropped their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Citigroup upped their price target on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.95.

Insider Activity

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.80% of the company’s stock.

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.