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

Key Points

• OneDigital Investment Advisors purchased 117,789 Ford shares worth approximately $1.64 million, while institutional investors and hedge funds collectively own 58.74% of Ford’s stock.
• Ford reported quarterly EPS of $0.42, beating expectations of $0.33, and revenue of $48.30 billion versus the $47.24 billion consensus estimate; revenue nevertheless declined 3.8% year over year.
• Ford declared a quarterly dividend of $0.15 per share, representing an annualized payout of $0.60 and a 4.3% yield. Analysts’ consensus rating remains Hold, with an average price target of $15.68 versus the reported $14.07 share price.

OneDigital Investment Advisors LLC purchased a new position in shares of Ford Motor Company (NYSE:F - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 117,789 shares of the auto manufacturer's stock, valued at approximately $1,637,000.

Other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new stake in Ford Motor during the fourth quarter worth $674,437,000. SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Ford Motor in the 4th quarter valued at $1,769,000. TD Asset Management Inc raised its stake in shares of Ford Motor by 11.0% in the 4th quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer's stock valued at $25,036,000 after buying an additional 189,310 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of Ford Motor by 22.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 2,001,319 shares of the auto manufacturer's stock worth $23,095,000 after acquiring an additional 366,218 shares during the period. Finally, KBC Group NV lifted its holdings in shares of Ford Motor by 223.5% during the 1st quarter. KBC Group NV now owns 2,229,629 shares of the auto manufacturer's stock worth $25,729,000 after acquiring an additional 1,540,403 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Stock Performance

NYSE F opened at $14.07 on Tuesday. The firm has a market cap of $56.11 billion, a price-to-earnings ratio of -7.52, a PEG ratio of 0.30 and a beta of 1.82. The company has a 50 day moving average of $14.16 and a 200-day moving average of $13.50. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. Ford Motor Company has a 1-year low of $11.11 and a 1-year high of $17.78.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.09. The company had revenue of $48.30 billion during the quarter, compared to analysts' expectations of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. Ford Motor's quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 earnings per share. On average, equities analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed 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. The ex-dividend date is Tuesday, August 11th. This represents a $0.60 annualized dividend and a yield of 4.3%. Ford Motor's payout ratio is presently -32.09%.

Analyst Ratings Changes

F has been the topic of several analyst reports. Royal Bank Of Canada upped their price objective on Ford Motor from $13.00 to $15.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 29th. Dbs Bank upgraded Ford Motor from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, August 11th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $14.00 price target on shares of Ford Motor in a research note on Wednesday, May 13th. Citigroup upgraded Ford Motor from a "neutral" rating to a "buy" rating and upped their price target for the company from $19.00 to $20.00 in a research report on Wednesday, July 29th. Finally, Wells Fargo & Company lifted their price objective on Ford Motor from $10.00 to $11.00 and gave the company an "underweight" rating in a report on Thursday, June 25th. Eight equities research 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. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price 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.

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