Tokio Marine Asset Management Co. Ltd. Buys 6,037 Shares of Ford Motor (NYSE:F)

Tokio Marine Asset Management Co. Ltd. lifted its holdings in Ford Motor (NYSE:F) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 119,928 shares of the auto manufacturer’s stock after purchasing an additional 6,037 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Ford Motor were worth $1,187,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Quarry LP acquired a new stake in Ford Motor during the second quarter valued at approximately $27,000. Reston Wealth Management LLC acquired a new position in shares of Ford Motor in the 3rd quarter worth approximately $33,000. Access Investment Management LLC acquired a new position in shares of Ford Motor in the 3rd quarter worth approximately $34,000. Modus Advisors LLC acquired a new position in shares of Ford Motor in the 4th quarter worth approximately $34,000. Finally, Crews Bank & Trust acquired a new position in shares of Ford Motor in the 4th quarter worth approximately $34,000. 58.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research note 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 price target for the company. in a research note on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average price target of $11.82.

Ford Motor Stock Down 1.7 %

Shares of NYSE F opened at $9.91 on Tuesday. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The business has a 50-day simple moving average of $10.21 and a two-hundred day simple moving average of $10.67. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The company has a market cap of $39.37 billion, a P/E ratio of 11.26, a P/E/G ratio of 1.96 and a beta of 1.63.

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.