Ford Motor (NYSE:F) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. trimmed its holdings in shares of Ford Motor (NYSE:F) by 8.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 378,003 shares of the auto manufacturer’s stock after selling 36,787 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Ford Motor were worth $4,740,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Olistico Wealth LLC purchased a new stake in Ford Motor in the second quarter valued at approximately $25,000. Fortis Group Advisors LLC grew its stake in shares of Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after buying an additional 1,086 shares in the last quarter. Family Firm Inc. purchased a new stake in shares of Ford Motor in the 2nd quarter valued at $26,000. Voisard Asset Management Group Inc. acquired a new position in Ford Motor during the 4th quarter worth about $27,000. Finally, Financial Synergies Wealth Advisors Inc. boosted its holdings in Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,938 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

F has been the topic of a number of recent research reports. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Barclays cut their target price on shares of Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Thursday, July 25th. The Goldman Sachs Group decreased their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. Wolfe Research began coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Finally, StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and an average price target of $12.64.

Ford Motor Stock Performance

Shares of F opened at $10.56 on Tuesday. The company has a market capitalization of $42.16 billion, a price-to-earnings ratio of 10.89, a price-to-earnings-growth ratio of 0.79 and a beta of 1.62. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The stock has a 50 day moving average price of $10.80 and a 200 day moving average price of $11.97.

Ford Motor (NYSE:F) last posted its 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 net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. During the same period last year, the business earned $0.72 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. Research analysts predict that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.68%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s 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.