Ford Motor Company $F Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its position in shares of Ford Motor Company (NYSE:F) by 1.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 210,791 shares of the auto manufacturer’s stock after acquiring an additional 3,157 shares during the period. Sequoia Financial Advisors LLC’s holdings in Ford Motor were worth $2,287,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Wedmont Private Capital raised its stake in shares of Ford Motor by 3.0% during the 2nd quarter. Wedmont Private Capital now owns 31,593 shares of the auto manufacturer’s stock worth $374,000 after purchasing an additional 934 shares in the last quarter. Hemington Wealth Management raised its stake in shares of Ford Motor by 30.9% during the 2nd quarter. Hemington Wealth Management now owns 4,016 shares of the auto manufacturer’s stock worth $43,000 after purchasing an additional 947 shares in the last quarter. Meriwether Wealth & Planning LLC raised its stake in shares of Ford Motor by 6.9% during the 2nd quarter. Meriwether Wealth & Planning LLC now owns 15,186 shares of the auto manufacturer’s stock worth $165,000 after purchasing an additional 985 shares in the last quarter. Atlas Capital Advisors Inc. raised its stake in shares of Ford Motor by 21.2% during the 1st quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer’s stock worth $57,000 after purchasing an additional 989 shares in the last quarter. Finally, City Holding Co. raised its stake in shares of Ford Motor by 47.8% during the 2nd quarter. City Holding Co. now owns 3,090 shares of the auto manufacturer’s stock worth $34,000 after purchasing an additional 1,000 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Trading Up 0.8%

NYSE F opened at $11.75 on Thursday. The business has a 50 day simple moving average of $11.70 and a 200 day simple moving average of $10.91. Ford Motor Company has a one year low of $8.44 and a one year high of $12.80. The stock has a market capitalization of $46.74 billion, a P/E ratio of 15.06, a P/E/G ratio of 3.37 and a beta of 1.53. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The firm had revenue of $50.18 billion during the quarter, compared to analysts’ expectations of $42.91 billion. During the same quarter last year, the firm posted $0.47 earnings per share. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio (DPR) is 76.92%.

Analyst Upgrades and Downgrades

F has been the topic of a number of analyst reports. UBS Group upped their price objective on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Barclays boosted their target price on Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Ford Motor in a report on Tuesday. Piper Sandler boosted their target price on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Finally, Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and upped their price objective for the company from $9.00 to $12.00 in a report on Monday, October 6th. Two investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $11.04.

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.