EP Wealth Advisors LLC Has $601,000 Position in Ford Motor (NYSE:F)

EP Wealth Advisors LLC reduced its stake in shares of Ford Motor (NYSE:F) by 28.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,728 shares of the auto manufacturer’s stock after selling 24,467 shares during the quarter. EP Wealth Advisors LLC’s holdings in Ford Motor were worth $601,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Hager Investment Management Services LLC bought a new stake in shares of Ford Motor during the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new stake in shares of Ford Motor during the fourth quarter worth $29,000. Flagship Wealth Advisors LLC bought a new stake in shares of Ford Motor during the fourth quarter worth $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor during the fourth quarter worth $31,000. Finally, Crewe Advisors LLC grew its holdings in shares of Ford Motor by 169.9% during the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 2,068 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

Shares of F opened at $10.45 on Monday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85. The stock has a market cap of $41.42 billion, a P/E ratio of 7.16, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. The stock’s 50-day moving average price is $9.81 and its two-hundred day moving average price is $10.05.

Ford Motor (NYSE:F) last issued its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The firm had revenue of $40.66 billion for the quarter, compared to analysts’ expectations of $35.99 billion. During the same quarter last year, the business earned $0.49 earnings per share. The company’s revenue was down 6.2% compared to the same quarter last year. On average, equities analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.74%. The ex-dividend date is Monday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently 48.00%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on F. Royal Bank of Canada decreased their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Evercore ISI decreased their price target on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday, February 10th. TD Cowen began coverage on Ford Motor in a report on Friday, March 7th. They issued a “hold” rating and a $10.00 price target on the stock. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a report on Monday, May 5th. Finally, Piper Sandler decreased their price target on Ford Motor from $9.00 to $8.50 and set a “neutral” rating on the stock in a report on Tuesday, May 6th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average price target of $10.00.

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.