Ford Motor Company $F Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. decreased its holdings in shares of Ford Motor Company (NYSE:F) by 84.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 80,667 shares of the auto manufacturer’s stock after selling 455,164 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Ford Motor were worth $913,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Wedmont Private Capital boosted its stake in shares of Ford Motor by 3.0% during the second quarter. Wedmont Private Capital now owns 31,593 shares of the auto manufacturer’s stock worth $374,000 after buying an additional 934 shares during the period. Hemington Wealth Management boosted its stake in shares of Ford Motor by 30.9% during the second quarter. Hemington Wealth Management now owns 4,016 shares of the auto manufacturer’s stock worth $43,000 after buying an additional 947 shares during the period. Meriwether Wealth & Planning LLC lifted its position in Ford Motor by 6.9% in the second quarter. Meriwether Wealth & Planning LLC now owns 15,186 shares of the auto manufacturer’s stock valued at $165,000 after purchasing an additional 985 shares during the period. Atlas Capital Advisors Inc. lifted its position in Ford Motor by 21.2% in the first quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer’s stock valued at $57,000 after purchasing an additional 989 shares during the period. Finally, City Holding Co. lifted its position in Ford Motor by 47.8% in the second quarter. City Holding Co. now owns 3,090 shares of the auto manufacturer’s stock valued at $34,000 after purchasing an additional 1,000 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $11.93 on Friday. The firm has a 50 day moving average of $11.72 and a 200-day moving average of $10.94. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $12.80. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The company has a market cap of $47.46 billion, a price-to-earnings ratio of 15.29, a PEG ratio of 3.42 and a beta of 1.53.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business had revenue of $50.18 billion during the quarter, compared to analysts’ expectations of $42.91 billion. During the same period last year, the company posted $0.47 EPS. The company’s revenue was up 5.0% on a year-over-year basis. As a group, equities analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on F. Piper Sandler raised their price objective on shares of Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Barclays raised 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. Royal Bank Of Canada raised their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 5th. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their price objective for the company from $9.00 to $12.00 in a research report on Monday, October 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ford Motor in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $11.04.

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.