Turtle Creek Wealth Advisors LLC Purchases 2,007 Shares of Ford Motor (NYSE:F)

Turtle Creek Wealth Advisors LLC boosted its holdings in Ford Motor (NYSE:F) by 9.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,604 shares of the auto manufacturer’s stock after purchasing an additional 2,007 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Ford Motor were worth $234,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of F. Quarry LP acquired a new position in shares of Ford Motor during the second quarter valued at about $27,000. Reston Wealth Management LLC bought a new position in Ford Motor in the 3rd quarter valued at about $33,000. Access Investment Management LLC acquired a new position in Ford Motor during the 3rd quarter valued at about $34,000. Modus Advisors LLC bought a new stake in Ford Motor during the 4th quarter worth approximately $34,000. Finally, Crews Bank & Trust purchased a new stake in shares of Ford Motor in the fourth quarter worth approximately $34,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

F has been the topic of several analyst reports. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Finally, Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $11.82.

Ford Motor Price Performance

Ford Motor stock opened at $10.15 on Friday. The business’s 50 day simple moving average is $10.23 and its 200 day simple moving average is $10.76. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The company 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. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the prior year, the firm earned $0.39 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Sell-side analysts forecast that Ford Motor will post 1.78 EPS for the current year.

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.