Foster & Motley Inc. Reduces Holdings in Ford Motor (NYSE:F)

Foster & Motley Inc. lowered its stake in shares of Ford Motor (NYSE:F) by 7.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 41,585 shares of the auto manufacturer’s stock after selling 3,149 shares during the period. Foster & Motley Inc.’s holdings in Ford Motor were worth $412,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Algert Global LLC purchased a new position in shares of Ford Motor during the 2nd quarter worth approximately $214,000. Quarry LP purchased a new stake in Ford Motor in the second quarter worth $27,000. Sanctuary Advisors LLC purchased a new stake in Ford Motor in the second quarter worth $7,459,000. Centaurus Financial Inc. lifted its position in Ford Motor by 4.4% during the second quarter. Centaurus Financial Inc. now owns 55,147 shares of the auto manufacturer’s stock valued at $692,000 after buying an additional 2,300 shares during the period. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in shares of Ford Motor by 1.9% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 238,284 shares of the auto manufacturer’s stock valued at $2,516,000 after buying an additional 4,505 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

Shares of NYSE F opened at $10.07 on Friday. The firm’s 50-day moving average price is $10.23 and its 200-day moving average price is $10.76. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a market cap of $40.00 billion, a PE ratio of 11.44, a PEG ratio of 1.97 and a beta of 1.64. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Wall Street Analyst Weigh In

F has been the subject of several research reports. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 target price 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 on the stock. in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft lowered their price objective 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, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price 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.