GPS Wealth Strategies Group LLC Has $519,000 Stock Holdings in Ford Motor (NYSE:F)

GPS Wealth Strategies Group LLC lowered its stake in Ford Motor (NYSE:F) by 47.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 52,462 shares of the auto manufacturer’s stock after selling 46,469 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Ford Motor were worth $519,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. increased its position in shares of Ford Motor by 4.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after buying an additional 5,270,562 shares in the last quarter. Geode Capital Management LLC grew its stake in Ford Motor by 1.7% in the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after acquiring an additional 1,336,676 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Ford Motor by 2.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock worth $257,108,000 after purchasing an additional 636,330 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after purchasing an additional 6,348,185 shares in the last quarter. Finally, Swiss National Bank grew its position in shares of Ford Motor by 0.7% in the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock valued at $122,917,000 after purchasing an additional 84,600 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

F has been the topic of several research analyst reports. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Sanford C. Bernstein cut 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 research report on Thursday, November 7th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Deutsche Bank Aktiengesellschaft dropped their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $11.82.

Ford Motor Price Performance

Shares of F opened at $10.07 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The company’s fifty day simple moving average is $10.21 and its 200 day simple moving average is $10.70. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The company has a market cap of $40.00 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 1.97 and a beta of 1.64.

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.