SeaCrest Wealth Management LLC Acquires 12,383 Shares of Ford Motor (NYSE:F)

SeaCrest Wealth Management LLC increased its holdings in Ford Motor (NYSE:F) by 27.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,964 shares of the auto manufacturer’s stock after acquiring an additional 12,383 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Ford Motor were worth $571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of F. Bank of Jackson Hole Trust bought a new stake in Ford Motor during the 4th quarter valued at about $29,000. Flagship Wealth Advisors LLC bought a new stake in Ford Motor during the 4th quarter valued at about $30,000. Kentucky Trust Co bought a new stake in Ford Motor during the 4th quarter valued at about $31,000. Spurstone Advisory Services LLC bought a new stake in Ford Motor during the 4th quarter valued at about $31,000. Finally, Wood Tarver Financial Group LLC bought a new stake in Ford Motor during the 4th quarter valued at about $31,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

F opened at $10.26 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The company has a market cap of $40.80 billion, a price-to-earnings ratio of 7.03, a PEG ratio of 0.61 and a beta of 1.50. The company’s 50 day moving average is $10.01 and its 200 day moving average is $9.99. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85.

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

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.85%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor’s dividend payout ratio is currently 48.00%.

Wall Street Analyst Weigh In

F has been the subject of a number of analyst reports. Evercore ISI reduced their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Sanford C. Bernstein downgraded shares of Ford Motor from a “market perform” rating to an “underperform” rating and dropped their price target for the company from $9.40 to $7.00 in a report on Wednesday, April 9th. BNP Paribas raised shares of Ford Motor to a “hold” rating in a report on Monday, February 10th. Wolfe Research upgraded shares of Ford Motor from an “underperform” rating to a “peer perform” rating in a report on Wednesday, April 30th. Finally, Wall Street Zen lowered shares of Ford Motor from a “hold” rating to a “sell” rating in a research note on Saturday, May 24th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $10.03.

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.