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 48.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 372,324 shares of the auto manufacturer’s stock after buying an additional 120,781 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Ford Motor were worth $4,297,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Ford Motor in the 4th quarter valued at $674,437,000. Marshall Wace LLP boosted its stake in Ford Motor by 81.1% during the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after purchasing an additional 15,866,285 shares during the period. AQR Capital Management LLC grew its position in Ford Motor by 610.1% during the 4th quarter. AQR Capital Management LLC now owns 11,177,304 shares of the auto manufacturer’s stock worth $146,646,000 after purchasing an additional 9,603,267 shares during the last quarter. Bank of New York Mellon Corp grew its position in Ford Motor by 26.9% during the 4th quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock worth $500,572,000 after purchasing an additional 8,086,564 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in Ford Motor by 458.7% in the first quarter. SG Americas Securities LLC now owns 9,002,765 shares of the auto manufacturer’s stock valued at $103,892,000 after purchasing an additional 7,391,361 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of F opened at $13.99 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84. The stock’s 50 day moving average is $14.10 and its two-hundred day moving average is $13.38. Ford Motor Company has a twelve month low of $10.68 and a twelve month high of $17.78. The firm has a market capitalization of $55.77 billion, a PE ratio of -9.03, a P/E/G ratio of 0.31 and a beta of 1.82.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The business had revenue of $43.25 billion during the quarter, compared to analysts’ expectations of $42.66 billion. During the same period last year, the firm earned $0.14 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. Research analysts anticipate that Ford Motor Company will post 1.64 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. Ford Motor’s payout ratio is currently -38.71%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on F. The Goldman Sachs Group increased their target price on shares of Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. UBS Group upped their price objective on Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Bank of America increased their price objective on Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Citigroup lifted their target price on Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. Finally, Zacks Research raised Ford Motor from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $14.77.

About Ford Motor

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.