EP Wealth Advisors LLC Sells 24,467 Shares of Ford Motor (NYSE:F)

EP Wealth Advisors LLC decreased its position in shares of Ford Motor (NYSE:F - Free Report) by 28.7% in the 4th quarter, according to its most recent 13F filing with the SEC. 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.

Several other institutional investors have also added to or reduced their stakes in the business. Franklin Resources Inc. boosted its position in shares of Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock valued at $15,998,000 after acquiring an additional 336,720 shares during the period. Principal Financial Group Inc. increased its stake in Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock valued at $46,408,000 after acquiring an additional 160,409 shares during the last quarter. Nordea Investment Management AB increased its stake in Ford Motor by 8.7% in the fourth quarter. Nordea Investment Management AB now owns 316,177 shares of the auto manufacturer's stock valued at $3,146,000 after acquiring an additional 25,229 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in Ford Motor by 2.5% in the fourth quarter. Harbor Capital Advisors Inc. now owns 51,812 shares of the auto manufacturer's stock valued at $513,000 after acquiring an additional 1,267 shares during the last quarter. Finally, HBW Advisory Services LLC bought a new position in Ford Motor in the fourth quarter valued at $100,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

NYSE:F traded up $0.04 during trading hours on Tuesday, reaching $10.59. The company had a trading volume of 83,582,445 shares, compared to its average volume of 75,265,489. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. The firm has a market cap of $41.97 billion, a price-to-earnings ratio of 7.25, a PEG ratio of 0.61 and a beta of 1.53. The firm's 50 day moving average price is $9.83 and its 200-day moving average price is $10.05.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $35.99 billion. During the same quarter in the previous year, the firm posted $0.49 EPS. The firm's revenue was down 6.2% on a year-over-year basis. On average, analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date is Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Analysts Set New Price Targets

F has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Bank of America reduced their price objective on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Royal Bank of Canada reduced their price objective on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 6th. Citigroup increased their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Finally, StockNews.com upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Monday, May 5th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $10.00.

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.