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

Sequoia Financial Advisors LLC raised its stake in Ford Motor Company (NYSE:F) by 25.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 251,543 shares of the auto manufacturer’s stock after acquiring 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 & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Gateway Investment Advisers LLC raised its holdings in shares of Ford Motor by 0.3% in the 4th quarter. Gateway Investment Advisers LLC now owns 1,124,191 shares of the auto manufacturer’s stock worth $14,749,000 after purchasing an additional 3,618 shares during the period. Indivisible Partners purchased a new stake in Ford Motor in the fourth quarter worth $169,000. Swedbank AB raised its stake in shares of Ford Motor by 6.3% in the fourth quarter. Swedbank AB now owns 1,160,585 shares of the auto manufacturer’s stock valued at $15,227,000 after buying an additional 68,314 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Ford Motor by 5.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 8,238,093 shares of the auto manufacturer’s stock valued at $109,896,000 after buying an additional 439,306 shares during the period. Finally, Providence First Trust Co purchased a new position in shares of Ford Motor during the 4th quarter valued at $398,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insider Activity at Ford Motor

In other news, insider William Clay Ford, Jr. purchased 140,000 shares of Ford Motor stock in a transaction dated Thursday, February 19th. The stock was purchased at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the transaction, the insider directly owned 3,912,600 shares of the company’s stock, valued at approximately $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.63% of the stock is owned by company insiders.

Ford Motor Stock Up 1.2%

F stock opened at $12.33 on Friday. The stock has a 50-day simple moving average of $12.24 and a two-hundred day simple moving average of $13.00. Ford Motor Company has a twelve month low of $9.88 and a twelve month high of $14.80. The firm has a market capitalization of $49.18 billion, a PE ratio of -7.95, a PEG ratio of 0.28 and a beta of 1.65. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. Ford Motor’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business earned $0.14 earnings per share. On average, equities analysts predict that Ford Motor Company will post 1.57 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. UBS Group decreased their price objective on Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a report on Thursday, April 30th. JPMorgan Chase & Co. lifted their target price 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. HSBC boosted their price target on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research report on Tuesday, January 13th. Bank of America started coverage on shares of Ford Motor in a research note on Wednesday, March 4th. They set a “buy” rating and a $17.00 price target on the stock. Finally, Barclays lifted 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 analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $13.56.

Ford Motor Company 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.