Court Place Advisors LLC Has $133,000 Stock Holdings in Ford Motor (NYSE:F)

Court Place Advisors LLC decreased its stake in shares of Ford Motor (NYSE:F) by 12.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,394 shares of the auto manufacturer’s stock after selling 1,865 shares during the quarter. Court Place Advisors LLC’s holdings in Ford Motor were worth $133,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in F. Quarry LP bought a new position in Ford Motor during the second quarter worth about $27,000. Kimelman & Baird LLC acquired a new stake in shares of Ford Motor in the second quarter valued at approximately $30,000. Reston Wealth Management LLC acquired a new stake in shares of Ford Motor in the third quarter valued at approximately $33,000. Access Investment Management LLC bought a new position in shares of Ford Motor during the 3rd quarter worth approximately $34,000. Finally, Modus Advisors LLC acquired a new position in shares of Ford Motor during the 4th quarter worth approximately $34,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $10.38 on Tuesday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The company has a market cap of $41.23 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 1.93 and a beta of 1.64. The stock has a fifty day moving average price of $10.29 and a 200-day moving average price of $10.81.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 earnings per share. As a group, equities analysts anticipate that Ford Motor will post 1.77 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.