Atria Investments LLC Has $1.29 Million Position in Ford Motor (NYSE:F)
Atria Investments LLC lifted its stake in Ford Motor (NYSE:F – Get Rating) by 9.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 116,253 shares of the auto manufacturer’s stock after purchasing an additional 9,991 shares during the period. Atria Investments LLC’s holdings in Ford Motor were worth $1,294,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. RB Capital Management LLC boosted its stake in Ford Motor by 14.6% in the first quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after acquiring an additional 3,477 shares during the last quarter. Sandy Spring Bank boosted its stake in Ford Motor by 112.1% in the first quarter. Sandy Spring Bank now owns 10,504 shares of the auto manufacturer’s stock valued at $178,000 after acquiring an additional 5,551 shares during the last quarter. Versor Investments LP bought a new position in Ford Motor in the first quarter valued at approximately $814,000. Waldron Private Wealth LLC bought a new position in Ford Motor in the first quarter valued at approximately $247,000. Finally, Envestnet Asset Management Inc. boosted its stake in Ford Motor by 12.2% in the first quarter. Envestnet Asset Management Inc. now owns 1,272,095 shares of the auto manufacturer’s stock valued at $21,511,000 after acquiring an additional 138,322 shares during the last quarter. Institutional investors and hedge funds own 49.89% of the company’s stock.
Insider Buying and Selling at Ford Motor
In other Ford Motor news, insider Stuart J. Rowley sold 29,821 shares of the business’s stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $13.97, for a total value of $416,599.37. Following the completion of the sale, the insider now owns 224,978 shares of the company’s stock, valued at approximately $3,142,942.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.71% of the company’s stock.
Ford Motor Stock Performance
Shares of F stock opened at $14.03 on Thursday. The company has a market capitalization of $56.41 billion, a price-to-earnings ratio of 6.38, a PEG ratio of 2.37 and a beta of 1.42. The company has a debt-to-equity ratio of 2.00, a quick ratio of 1.03 and a current ratio of 1.20. The company has a 50-day simple moving average of $12.93 and a 200 day simple moving average of $13.33. Ford Motor has a 52 week low of $10.61 and a 52 week high of $25.87.
Ford Motor (NYSE:F – Get Rating) last announced its earnings results on Wednesday, October 26th. The auto manufacturer reported $0.30 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.01). The company had revenue of $37.19 billion for the quarter, compared to the consensus estimate of $37.11 billion. Ford Motor had a return on equity of 14.69% and a net margin of 5.94%. The business’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.51 EPS. On average, sell-side analysts predict that Ford Motor will post 1.96 earnings per share for the current year.
Ford Motor Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Tuesday, November 15th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date of this dividend is Monday, November 14th. Ford Motor’s dividend payout ratio is currently 27.27%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the stock. UBS Group cut shares of Ford Motor from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $13.00 to $10.00 in a research report on Monday, October 10th. StockNews.com assumed coverage on shares of Ford Motor in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. TheStreet cut shares of Ford Motor from a “b-” rating to a “c” rating in a research report on Wednesday, October 26th. Morgan Stanley boosted their price objective on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Friday, October 28th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Ford Motor from $12.00 to $13.00 in a research report on Thursday, July 28th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $18.07.
About Ford Motor
Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.
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