Clarius Group LLC Sells 5,902 Shares of Ford Motor Company $F

Clarius Group LLC lessened its position in Ford Motor Company (NYSE:F) by 27.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,429 shares of the auto manufacturer’s stock after selling 5,902 shares during the period. Clarius Group LLC’s holdings in Ford Motor were worth $167,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of F. UMB Bank n.a. grew its position in shares of Ford Motor by 8.9% in the 1st quarter. UMB Bank n.a. now owns 19,178 shares of the auto manufacturer’s stock valued at $192,000 after acquiring an additional 1,574 shares during the period. Wedmont Private Capital grew its position in shares of Ford Motor by 106.6% in the 1st quarter. Wedmont Private Capital now owns 30,659 shares of the auto manufacturer’s stock valued at $286,000 after acquiring an additional 15,822 shares during the period. Park Avenue Securities LLC grew its position in shares of Ford Motor by 13.7% in the 1st quarter. Park Avenue Securities LLC now owns 103,876 shares of the auto manufacturer’s stock valued at $1,042,000 after acquiring an additional 12,515 shares during the period. First Citizens Bank & Trust Co. bought a new position in shares of Ford Motor in the 1st quarter valued at about $114,000. Finally, Farther Finance Advisors LLC grew its position in shares of Ford Motor by 99.0% in the 1st quarter. Farther Finance Advisors LLC now owns 67,875 shares of the auto manufacturer’s stock valued at $675,000 after acquiring an additional 33,764 shares during the period. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on F shares. Barclays lifted their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Piper Sandler lifted their target price on shares of Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Royal Bank Of Canada lifted their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ford Motor in a report on Saturday, September 27th. Finally, Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and lifted their target price for the stock from $9.00 to $12.00 in a report on Monday. Two investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $11.04.

Ford Motor Stock Performance

NYSE F opened at $11.93 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. The company has a market capitalization of $47.46 billion, a P/E ratio of 15.29, a P/E/G ratio of 3.65 and a beta of 1.53. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $12.80. The firm has a 50-day moving average price of $11.63 and a two-hundred day moving average price of $10.86.

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

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 5.0%. Ford Motor’s payout ratio is currently 76.92%.

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.