PBMares Wealth Management LLC Has $126,000 Stake in Ford Motor (NYSE:F)

PBMares Wealth Management LLC lifted its position in shares of Ford Motor (NYSE:F) by 9.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,976 shares of the auto manufacturer’s stock after buying an additional 991 shares during the period. PBMares Wealth Management LLC’s holdings in Ford Motor were worth $126,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Czech National Bank boosted its holdings in shares of Ford Motor by 6.5% during the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after acquiring an additional 48,456 shares in the last quarter. Claro Advisors LLC raised its position in Ford Motor by 333.6% in the third quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock worth $625,000 after acquiring an additional 45,532 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Ford Motor by 1.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after purchasing an additional 59,082 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Ford Motor by 9.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,994,819 shares of the auto manufacturer’s stock valued at $32,284,000 after acquiring an additional 266,256 shares in the last quarter. Finally, Brookstone Capital Management grew its stake in Ford Motor by 8.5% in the 3rd quarter. Brookstone Capital Management now owns 955,129 shares of the auto manufacturer’s stock worth $10,086,000 after buying an additional 75,193 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on F shares. Wolfe Research began coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Barclays decreased their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a report on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $12.48.

Ford Motor Stock Performance

NYSE:F traded down $1.05 during trading hours on Tuesday, reaching $10.32. The company had a trading volume of 68,115,111 shares, compared to its average volume of 53,265,242. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The firm has a market cap of $41.20 billion, a PE ratio of 10.64, a price-to-earnings-growth ratio of 1.58 and a beta of 1.62. The business’s 50 day moving average price is $10.84 and its 200-day moving average price is $11.67. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same period in the prior year, the company posted $0.39 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Research analysts forecast that Ford Motor will post 1.86 EPS for the current year.

About Ford Motor

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.