Trivium Point Advisory LLC Purchases New Shares in Ford Motor Company $F

Trivium Point Advisory LLC acquired a new stake in Ford Motor Company (NYSE:F) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 56,061 shares of the auto manufacturer’s stock, valued at approximately $779,000.

Other large investors have also recently added to or reduced their stakes in the company. Caxton Associates LLP acquired a new stake in shares of Ford Motor during the first quarter worth $304,000. Empowered Funds LLC grew its stake in shares of Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock valued at $1,482,000 after acquiring an additional 43,385 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Ford Motor in the second quarter valued at about $172,000. NewEdge Advisors LLC grew its stake in shares of Ford Motor by 26.3% in the second quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock valued at $2,907,000 after acquiring an additional 55,741 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its position in Ford Motor by 1.5% during the second quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock worth $19,786,000 after acquiring an additional 26,526 shares during the period. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of several analyst reports. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Piper Sandler increased their target price on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Bank of America raised their target price on shares of Ford Motor from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Citigroup upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the company from $19.00 to $20.00 in a research report on Wednesday, July 29th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $14.00 price target on shares of Ford Motor in a research note on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $15.68.

Ford Motor Stock Down 0.1%

F stock opened at $14.36 on Monday. Ford Motor Company has a 52 week low of $11.11 and a 52 week high of $17.78. The business has a 50-day simple moving average of $14.18 and a 200 day simple moving average of $13.50. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The company has a market cap of $57.26 billion, a PE ratio of -7.68, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The firm had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same period in the prior year, the company posted $0.37 earnings per share. The business’s revenue for the quarter was down 3.8% on a year-over-year basis. Sell-side analysts anticipate that Ford Motor Company will post 1.86 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor’s dividend payout ratio is -32.09%.

Ford Motor Profile

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.