Clarus Wealth Advisors Has $265,000 Stake in Ford Motor (NYSE:F)

Clarus Wealth Advisors decreased its holdings in Ford Motor (NYSE:F) by 8.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,702 shares of the auto manufacturer’s stock after selling 1,622 shares during the period. Clarus Wealth Advisors’ holdings in Ford Motor were worth $265,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. RB Capital Management LLC grew its stake in shares of Ford Motor by 14.6% in the 1st quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock valued at $462,000 after buying an additional 3,477 shares in the last quarter. Fairfield Bush & CO. bought a new stake in shares of Ford Motor in the 1st quarter valued at approximately $37,000. Synovus Financial Corp grew its stake in shares of Ford Motor by 275.4% in the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after buying an additional 81,783 shares in the last quarter. Blair William & Co. IL grew its stake in shares of Ford Motor by 17.3% in the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after buying an additional 47,959 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its position in Ford Motor by 3.0% during the first quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock worth $9,537,000 after purchasing an additional 16,498 shares during the period. Institutional investors and hedge funds own 52.73% of the company’s stock.

Wall Street Analyst Weigh In

F has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their target price on Ford Motor from $10.00 to $11.00 in a research report on Monday, July 10th. Morgan Stanley reissued an “overweight” rating and issued a $16.00 price objective on shares of Ford Motor in a research report on Tuesday, August 1st. Citigroup increased their price objective on Ford Motor from $16.00 to $17.00 in a research report on Wednesday, July 12th. Daiwa Capital Markets increased their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, August 1st. Finally, Jefferies Financial Group cut Ford Motor from a “buy” rating to a “hold” rating and reduced their price objective for the company from $17.00 to $15.00 in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.50.

Ford Motor Stock Down 0.1 %

Ford Motor stock traded down $0.01 during midday trading on Friday, reaching $12.61. The stock had a trading volume of 63,982,367 shares, compared to its average volume of 60,263,617. The firm’s fifty day simple moving average is $12.95 and its 200-day simple moving average is $12.73. Ford Motor has a 1-year low of $10.90 and a 1-year high of $15.42. The stock has a market capitalization of $50.47 billion, a P/E ratio of 12.37, a price-to-earnings-growth ratio of 0.86 and a beta of 1.61. The company has a debt-to-equity ratio of 2.15, a quick ratio of 1.03 and a current ratio of 1.20.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, July 27th. The auto manufacturer reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.21. The firm had revenue of $44.95 billion for the quarter, compared to analyst estimates of $43.17 billion. Ford Motor had a return on equity of 20.48% and a net margin of 2.44%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.68 EPS. As a group, analysts expect that Ford Motor will post 2.11 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Tuesday, July 25th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, July 24th. This represents a $0.60 annualized dividend and a dividend yield of 4.76%. Ford Motor’s dividend payout ratio is currently 58.82%.

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.