Redwood Wealth Management Group LLC Sells 1,329 Shares of Ford Motor (NYSE:F)

Redwood Wealth Management Group LLC lessened its stake in Ford Motor (NYSE:F) by 3.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,484 shares of the auto manufacturer’s stock after selling 1,329 shares during the period. Redwood Wealth Management Group LLC’s holdings in Ford Motor were worth $381,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Quarry LP bought a new stake in shares of Ford Motor during the 2nd quarter valued at $27,000. Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at $33,000. Access Investment Management LLC bought a new stake in shares of Ford Motor during the 3rd quarter valued at $34,000. Modus Advisors LLC bought a new stake in shares of Ford Motor during the 4th quarter valued at $34,000. Finally, Crews Bank & Trust bought a new stake in shares of Ford Motor during the 4th quarter valued at $34,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE F opened at $10.16 on Wednesday. The firm has a market cap of $40.36 billion, a PE ratio of 11.54, a PEG ratio of 1.96 and a beta of 1.63. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The company has a fifty day moving average price of $10.18 and a 200 day moving average price of $10.64.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on F shares. Sanford C. Bernstein lowered 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 report on Thursday, November 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. 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 report on Wednesday, October 30th. Three 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 MarketBeat.com, the company has a consensus 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.