Ford Motor (NYSE:F) Shares Sold by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management decreased its holdings in Ford Motor (NYSE:F) by 13.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,760 shares of the auto manufacturer’s stock after selling 2,518 shares during the quarter. Keudell Morrison Wealth Management’s holdings in Ford Motor were worth $156,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of F. Algert Global LLC acquired a new stake in Ford Motor during the second quarter valued at approximately $214,000. Quarry LP acquired a new stake in Ford Motor during the second quarter valued at approximately $27,000. Sanctuary Advisors LLC acquired a new stake in Ford Motor during the second quarter valued at approximately $7,459,000. Centaurus Financial Inc. raised its position in shares of Ford Motor by 4.4% during the 2nd quarter. Centaurus Financial Inc. now owns 55,147 shares of the auto manufacturer’s stock worth $692,000 after purchasing an additional 2,300 shares during the period. Finally, Massmutual Trust Co. FSB ADV raised its position in shares of Ford Motor by 1.9% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 238,284 shares of the auto manufacturer’s stock worth $2,516,000 after purchasing an additional 4,505 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of NYSE F opened at $10.07 on Friday. The stock has a fifty day moving average price of $10.23 and a two-hundred day moving average price of $10.76. 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 market cap of $40.00 billion, a P/E ratio of 11.44, a PEG ratio of 1.97 and a beta of 1.64. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on F. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Sanford C. Bernstein cut 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 reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.82.

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.