Sequoia Financial Advisors LLC Buys 50,642 Shares of Ford Motor Company $F

Sequoia Financial Advisors LLC boosted its stake in Ford Motor Company (NYSE:F) by 25.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,543 shares of the auto manufacturer’s stock after purchasing an additional 50,642 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Ford Motor were worth $3,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Grove Bank & Trust raised its position in shares of Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,000 shares in the last quarter. Olistico Wealth LLC bought a new position in Ford Motor in the fourth quarter valued at $26,000. Murphy Middleton Hinkle & Parker Inc. bought a new position in Ford Motor in the fourth quarter valued at $29,000. Johnson Financial Group Inc. raised its position in Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in Ford Motor during the third quarter valued at about $32,000. 58.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

F has been the subject of a number of research reports. Wells Fargo & Company cut their price objective on Ford Motor from $11.00 to $10.00 and set an “underweight” rating for the company in a report on Tuesday, March 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. Wall Street Zen upgraded shares of Ford Motor from a “sell” rating to a “buy” rating in a research report on Saturday, May 2nd. JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Finally, Barclays upped their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $13.56.

Insider Activity

In other Ford Motor news, insider William Clay Ford, Jr. bought 140,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the purchase, the insider directly owned 3,912,600 shares of the company’s stock, valued at $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.63% of the stock is owned by insiders.

Ford Motor Price Performance

F opened at $12.33 on Friday. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. Ford Motor Company has a 1 year low of $9.88 and a 1 year high of $14.80. The stock’s 50 day simple moving average is $12.24 and its 200 day simple moving average is $13.00. The firm has a market cap of $49.18 billion, a price-to-earnings ratio of -7.95, a PEG ratio of 0.28 and a beta of 1.65.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.48. The firm had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business earned $0.14 earnings per share. As a group, analysts predict that Ford Motor Company will post 1.57 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Tuesday, May 12th. Ford Motor’s dividend payout ratio is currently -38.71%.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.