EP Wealth Advisors LLC Has $601,000 Stock Position in Ford Motor (NYSE:F)

EP Wealth Advisors LLC cut its stake in shares of Ford Motor (NYSE:F - Free Report) by 28.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 60,728 shares of the auto manufacturer's stock after selling 24,467 shares during the quarter. EP Wealth Advisors LLC's holdings in Ford Motor were worth $601,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CoreCap Advisors LLC increased its stake in Ford Motor by 5.6% in the fourth quarter. CoreCap Advisors LLC now owns 182,263 shares of the auto manufacturer's stock valued at $1,804,000 after purchasing an additional 9,723 shares during the last quarter. Captrust Financial Advisors grew its stake in Ford Motor by 5.3% during the 4th quarter. Captrust Financial Advisors now owns 363,714 shares of the auto manufacturer's stock valued at $3,601,000 after purchasing an additional 18,352 shares in the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of Ford Motor in the 4th quarter valued at about $962,000. Chapman Financial Group LLC bought a new stake in shares of Ford Motor in the 4th quarter valued at approximately $105,000. Finally, Benjamin Edwards Inc. lifted its position in shares of Ford Motor by 121.0% in the 4th quarter. Benjamin Edwards Inc. now owns 218,704 shares of the auto manufacturer's stock worth $2,165,000 after buying an additional 119,745 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on F shares. BNP Paribas upgraded Ford Motor to a "hold" rating in a research report on Monday, February 10th. Bank of America reduced their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a report on Thursday, February 6th. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. StockNews.com upgraded Ford Motor from a "sell" rating to a "hold" rating in a research report on Wednesday. Finally, TD Cowen began coverage on shares of Ford Motor in a report on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $10.00.

Ford Motor Stock Performance

Shares of NYSE F traded up $0.07 during trading hours on Thursday, hitting $10.72. 38,324,038 shares of the stock were exchanged, compared to its average volume of 75,300,257. The company's 50 day moving average is $9.87 and its 200 day moving average is $10.05. Ford Motor has a one year low of $8.44 and a one year high of $14.85. The firm has a market capitalization of $42.47 billion, a P/E ratio of 7.35, a P/E/G ratio of 0.61 and a beta of 1.53. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. During the same quarter last year, the company posted $0.49 earnings per share. Ford Motor's quarterly revenue was down 6.2% on a year-over-year basis. On average, research analysts expect that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.60%. Ford Motor's dividend payout ratio (DPR) is currently 48.00%.

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.