Coastwise Capital Group LLC Has $634,000 Holdings in Ford Motor (NYSE:F)

Coastwise Capital Group LLC increased its position in Ford Motor (NYSE:F) by 5.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 64,081 shares of the auto manufacturer’s stock after buying an additional 3,136 shares during the period. Coastwise Capital Group LLC’s holdings in Ford Motor were worth $634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Meridian Financial Partners LLC boosted its holdings in Ford Motor by 1.1% in the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after purchasing an additional 953 shares during the period. Apollon Wealth Management LLC lifted its stake in shares of Ford Motor by 1.1% in the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after buying an additional 969 shares during the period. Pure Financial Advisors LLC lifted its stake in shares of Ford Motor by 6.6% in the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock valued at $170,000 after buying an additional 990 shares during the period. PBMares Wealth Management LLC grew its position in Ford Motor by 9.0% during the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after buying an additional 991 shares in the last quarter. Finally, Pointe Capital Management LLC increased its stake in Ford Motor by 4.8% during the third quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock valued at $230,000 after acquiring an additional 1,000 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Trading Down 0.6 %

Shares of NYSE:F opened at $10.15 on Friday. The firm has a market cap of $40.32 billion, a price-to-earnings ratio of 11.53, a PEG ratio of 1.97 and a beta of 1.64. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company’s fifty day simple moving average is $10.23 and its 200 day simple moving average is $10.76. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. As a group, research analysts forecast that Ford Motor will post 1.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on F. Deutsche Bank Aktiengesellschaft lowered their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Finally, Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the company from $12.00 to $9.00 in a report on Monday, December 16th. 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 company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $11.82.

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.