Ford Motor (NYSE:F) Shares Sold by Strategic Investment Advisors MI

Strategic Investment Advisors MI trimmed its position in shares of Ford Motor (NYSE:F) by 4.8% in the 4th quarter, Holdings Channel reports. The firm owned 59,276 shares of the auto manufacturer’s stock after selling 2,967 shares during the period. Strategic Investment Advisors MI’s holdings in Ford Motor were worth $587,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in F. Assenagon Asset Management S.A. grew its stake in Ford Motor by 14,373.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after buying an additional 8,824,000 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock worth $126,477,000 after purchasing an additional 6,348,185 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Ford Motor by 4.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after acquiring an additional 5,270,562 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new position in shares of Ford Motor in the third quarter worth $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Ford Motor by 420.2% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock worth $63,812,000 after acquiring an additional 4,881,105 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on F. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $11.82.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $10.12 on Monday. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The stock has a market capitalization of $40.20 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 1.93 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm has a fifty day moving average of $10.29 and a two-hundred day moving average of $10.83.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period in the prior year, the business earned $0.39 EPS. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities research analysts predict that Ford Motor will post 1.77 EPS for the current year.

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.