Etesian Wealth Advisors Inc. lessened its position in Ford Motor (NYSE:F – Free Report) by 49.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,894 shares of the auto manufacturer’s stock after selling 14,814 shares during the period. Etesian Wealth Advisors Inc.’s holdings in Ford Motor were worth $147,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Assenagon Asset Management S.A. grew its holdings in shares of Ford Motor by 14,373.9% during the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after purchasing an additional 8,824,000 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of 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 valued at $126,477,000 after purchasing an additional 6,348,185 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Ford Motor by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after buying an additional 5,270,562 shares in the last quarter. Worldquant Millennium Advisors LLC acquired a new position in shares of Ford Motor during the third quarter valued at $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec raised its holdings in Ford Motor by 420.2% during the 3rd 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 purchasing an additional 4,881,105 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have commented on F shares. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft lowered their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective 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 issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $12.13.
Ford Motor Trading Down 1.8 %
Ford Motor stock opened at $9.98 on Thursday. 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 stock has a 50-day simple moving average of $10.14 and a 200 day simple moving average of $10.61. The stock has a market capitalization of $39.65 billion, a P/E ratio of 11.34, a PEG ratio of 1.96 and a beta of 1.63. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.
Ford Motor (NYSE:F – Get Free Report) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Analysts expect that Ford Motor will post 1.78 earnings per share 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.
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