Atria Wealth Solutions Inc. Has $7.77 Million Stock Position in Ford Motor (NYSE:F)

Atria Wealth Solutions Inc. boosted its holdings in Ford Motor (NYSE:F) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 619,185 shares of the auto manufacturer’s stock after purchasing an additional 7,038 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Ford Motor were worth $7,765,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its holdings in Ford Motor by 1.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after buying an additional 59,082 shares during the period. Wedmont Private Capital grew its position in Ford Motor by 33.1% in the first quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock worth $232,000 after acquiring an additional 4,255 shares in the last quarter. Hodges Capital Management Inc. increased its position in shares of Ford Motor by 18.3% during the 1st quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after purchasing an additional 14,750 shares during the last quarter. Focus Financial Network Inc. ADV purchased a new stake in Ford Motor during the fourth quarter valued at about $2,812,000. Finally, Park Avenue Securities LLC increased its holdings in shares of Ford Motor by 9.6% in the first quarter. Park Avenue Securities LLC now owns 155,951 shares of the auto manufacturer’s stock worth $2,071,000 after buying an additional 13,597 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following the sale, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group lowered their price target on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. UBS Group upped their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. Barclays dropped their price target on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Royal Bank of Canada lowered their price target on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday, August 12th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $13.48.

Ford Motor Trading Up 1.5 %

F traded up $0.17 on Wednesday, hitting $10.85. The company had a trading volume of 48,882,565 shares, compared to its average volume of 54,708,723. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The firm has a market cap of $43.30 billion, a P/E ratio of 11.18, a PEG ratio of 0.75 and a beta of 1.62. The company’s fifty day moving average price is $11.93 and its 200 day moving average price is $12.27. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same quarter last year, the company earned $0.72 earnings per share. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. As a group, equities analysts expect that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.53%. The ex-dividend date of this dividend is Wednesday, August 7th. Ford Motor’s dividend payout ratio is currently 61.86%.

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.