Bensler LLC Sells 2,177 Shares of Ford Motor (NYSE:F)

Bensler LLC lowered its stake in shares of Ford Motor (NYSE:FFree Report) by 8.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,940 shares of the auto manufacturer’s stock after selling 2,177 shares during the quarter. Bensler LLC’s holdings in Ford Motor were worth $237,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Marshall Wace LLP lifted its position in shares of Ford Motor by 117.8% during the 2nd quarter. Marshall Wace LLP now owns 387,859 shares of the auto manufacturer’s stock worth $4,864,000 after purchasing an additional 209,756 shares during the last quarter. Algert Global LLC bought a new position in Ford Motor in the 2nd quarter worth approximately $214,000. NewEdge Advisors LLC lifted its holdings in shares of Ford Motor by 38.4% during the second quarter. NewEdge Advisors LLC now owns 284,525 shares of the auto manufacturer’s stock worth $3,568,000 after buying an additional 78,926 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of Ford Motor by 26.9% in the second quarter. Sunbelt Securities Inc. now owns 33,499 shares of the auto manufacturer’s stock valued at $420,000 after acquiring an additional 7,107 shares during the period. Finally, Quarry LP acquired a new stake in shares of Ford Motor in the second quarter worth $27,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on F shares. 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. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft lowered 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. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Three equities 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $11.82.

Get Our Latest Stock Analysis on Ford Motor

Ford Motor Stock Performance

Ford Motor stock opened at $10.08 on Wednesday. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a fifty day moving average price of $10.27 and a two-hundred day moving average price of $10.79. The firm has a market capitalization of $40.05 billion, a P/E ratio of 11.45, a P/E/G ratio of 1.93 and a beta of 1.64.

Ford Motor (NYSE:FGet Free Report) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during 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 firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. As a group, analysts anticipate that Ford Motor will post 1.77 EPS for the current fiscal year.

About Ford Motor

(Free Report)

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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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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