OneDigital Investment Advisors LLC Acquires Shares of 117,789 Ford Motor Company $F

OneDigital Investment Advisors LLC bought a new position in Ford Motor Company (NYSE:F) in the second quarter, HoldingsChannel.com reports. The fund bought 117,789 shares of the auto manufacturer’s stock, valued at approximately $1,637,000.

Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in shares of Ford Motor during the second quarter valued at approximately $717,218,000. Norges Bank bought a new position in Ford Motor in the 4th quarter worth approximately $674,437,000. Marshall Wace LLP raised its position in Ford Motor by 81.1% in the 3rd quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock worth $423,847,000 after purchasing an additional 15,866,285 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Ford Motor by 610.1% during the 4th quarter. AQR Capital Management LLC now owns 11,177,304 shares of the auto manufacturer’s stock worth $146,646,000 after buying an additional 9,603,267 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Ford Motor by 458.7% during the 1st quarter. SG Americas Securities LLC now owns 9,002,765 shares of the auto manufacturer’s stock worth $103,892,000 after buying an additional 7,391,361 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

F stock opened at $14.07 on Tuesday. The business’s fifty day moving average is $14.16 and its 200-day moving average is $13.50. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The company has a market cap of $56.11 billion, a P/E ratio of -7.52, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. Ford Motor Company has a twelve month low of $11.11 and a twelve month high of $17.78.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The business had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period last year, the company earned $0.37 EPS. The firm’s revenue was down 3.8% on a year-over-year basis. Equities research analysts forecast that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. Ford Motor’s dividend payout ratio (DPR) is -32.09%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on F. Morgan Stanley reissued an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a research note on Wednesday, May 13th. Bank of America raised their price target on Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a report on Friday, May 29th. JPMorgan Chase & Co. lifted their price objective on Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Barclays boosted their price objective on Ford Motor from $13.00 to $14.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research note on Wednesday, June 24th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $15.68.

About Ford Motor

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.