Venturi Wealth Management LLC Decreases Stake in Ford Motor Company $F

Venturi Wealth Management LLC reduced its holdings in Ford Motor Company (NYSE:F) by 28.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,906 shares of the auto manufacturer’s stock after selling 4,368 shares during the period. Venturi Wealth Management LLC’s holdings in Ford Motor were worth $118,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Wedmont Private Capital boosted its position in shares of Ford Motor by 3.0% during the 2nd quarter. Wedmont Private Capital now owns 31,593 shares of the auto manufacturer’s stock valued at $374,000 after acquiring an additional 934 shares during the last quarter. 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 buying an additional 985 shares during the last quarter. 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 buying an additional 989 shares during the last quarter. 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 buying an additional 1,000 shares during the last quarter. Finally, Childress Capital Advisors LLC lifted its position in Ford Motor by 6.2% in the second quarter. Childress Capital Advisors LLC now owns 17,321 shares of the auto manufacturer’s stock valued at $188,000 after buying an additional 1,006 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Down 0.7%

F stock opened at $11.43 on Friday. The company’s 50 day moving average price is $11.67 and its 200 day moving average price is $10.88. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $12.80. The firm has a market capitalization of $45.47 billion, a price-to-earnings ratio of 14.65, a PEG ratio of 3.28 and a beta of 1.53.

Ford Motor (NYSE:F) last released its earnings results 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 firm had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. During the same period in the prior year, the firm earned $0.47 earnings per share. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. On average, equities research analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors 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 5.3%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio is presently 76.92%.

Analyst Ratings Changes

A number of research firms have commented on F. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and upped their target price for the company from $9.00 to $12.00 in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ford Motor in a research report on Saturday, September 27th. UBS Group boosted their price target on shares of Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Piper Sandler boosted their price target on shares of Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. Finally, Barclays boosted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 16th. Two 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. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $11.04.

Ford Motor 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.