Ford Motor (NYSE:F) Shares Sold by Accredited Investors Inc.

Accredited Investors Inc. cut its holdings in Ford Motor (NYSE:FFree Report) by 12.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,211 shares of the auto manufacturer’s stock after selling 2,545 shares during the quarter. Accredited Investors Inc.’s holdings in Ford Motor were worth $226,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Snider Financial Group lifted its position in shares of Ford Motor by 100,345.2% during the 1st quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer’s stock worth $3,717,000 after purchasing an additional 219,586,336 shares during the last quarter. Norges Bank purchased a new stake in shares of Ford Motor in the fourth quarter valued at about $419,237,000. Moneta Group Investment Advisors LLC lifted its holdings in shares of Ford Motor by 81,406.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 30,201,290 shares of the auto manufacturer’s stock valued at $351,241,000 after purchasing an additional 30,164,236 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Ford Motor by 133.1% in the second quarter. Renaissance Technologies LLC now owns 20,721,009 shares of the auto manufacturer’s stock valued at $313,509,000 after purchasing an additional 11,832,600 shares in the last quarter. Finally, Fisher Asset Management LLC raised its position in shares of Ford Motor by 18.5% in the second quarter. Fisher Asset Management LLC now owns 60,733,261 shares of the auto manufacturer’s stock valued at $918,894,000 after buying an additional 9,481,852 shares during the last quarter. 52.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on F shares. UBS Group lowered shares of Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 price objective for the company. in a research report on Wednesday, January 17th. Barclays raised shares of Ford Motor from an “equal weight” rating to an “overweight” rating and set a $14.00 price objective on the stock in a report on Wednesday, November 1st. Morgan Stanley lowered their target price on shares of Ford Motor from $16.00 to $15.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 31st. StockNews.com started coverage on shares of Ford Motor in a research report on Thursday, October 5th. They set a “hold” rating for the company. Finally, Redburn Atlantic started coverage on shares of Ford Motor in a report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price for the company. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $13.55.

Read Our Latest Analysis on F

Insider Buying and Selling

In related news, insider John Douglas Field purchased 182,000 shares of Ford Motor stock in a transaction on Friday, December 8th. The stock was acquired at an average cost of $11.05 per share, for a total transaction of $2,011,100.00. Following the completion of the acquisition, the insider now owns 720,176 shares of the company’s stock, valued at approximately $7,957,944.80. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 0.80% of the stock is owned by insiders.

Ford Motor Stock Performance

NYSE F opened at $11.78 on Wednesday. The firm has a market capitalization of $47.13 billion, a price-to-earnings ratio of 7.70, a P/E/G ratio of 1.08 and a beta of 1.64. The company has a current ratio of 1.21, a quick ratio of 1.03 and a debt-to-equity ratio of 2.12. The firm’s 50 day simple moving average is $11.42 and its 200 day simple moving average is $11.78. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42.

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.

See Also

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

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