Trivium Point Advisory LLC Takes Position in Ford Motor Company $F

Trivium Point Advisory LLC purchased a new position in shares of Ford Motor Company (NYSE:F) in the second quarter, Holdings Channel.com reports. The fund purchased 56,061 shares of the auto manufacturer’s stock, valued at approximately $779,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Caxton Associates LLP bought a new position in Ford Motor in the first quarter valued at about $304,000. Empowered Funds LLC raised its stake in Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after acquiring an additional 43,385 shares in the last quarter. Jump Financial LLC bought a new position in shares of Ford Motor in the second quarter worth about $172,000. NewEdge Advisors LLC lifted its holdings in shares of Ford Motor by 26.3% in the second quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock worth $2,907,000 after acquiring an additional 55,741 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in shares of Ford Motor by 1.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock valued at $19,786,000 after purchasing an additional 26,526 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Barclays lifted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. BNP Paribas Exane increased their price objective on shares of Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. UBS Group boosted their target price on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Finally, Jefferies Financial Group upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and upped their price target for the stock from $14.50 to $17.50 in a report on Monday, July 27th. Eight 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $15.68.

Ford Motor Stock Performance

NYSE:F opened at $14.36 on Monday. The stock has a market cap of $57.26 billion, a P/E ratio of -7.68, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The stock’s 50-day moving average is $14.18 and its 200-day moving average is $13.50. Ford Motor Company has a 1-year low of $11.11 and a 1-year high of $17.78.

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

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.2%. The ex-dividend date is Tuesday, August 11th. Ford Motor’s dividend payout ratio is -32.09%.

Ford Motor 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.