Ford Motor (NYSE:F) Holdings Cut by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC lowered its holdings in Ford Motor (NYSE:F) by 2.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 50,671 shares of the auto manufacturer’s stock after selling 1,030 shares during the period. Capital Investment Advisory Services LLC’s holdings in Ford Motor were worth $502,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in shares of Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after purchasing an additional 336,720 shares during the period. Principal Financial Group Inc. increased its stake in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after acquiring an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC acquired a new position in shares of Ford Motor during the third quarter valued at approximately $55,456,000. CHURCHILL MANAGEMENT Corp acquired a new position in shares of Ford Motor during the fourth quarter valued at approximately $10,853,000. Finally, ING Groep NV increased its stake in shares of Ford Motor by 93.4% during the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after acquiring an additional 570,293 shares during the period. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on F shares. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Barclays lowered shares of 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 note on Wednesday, January 22nd. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. 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 report on Thursday, November 7th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.82.

Ford Motor Trading Down 0.6 %

Ford Motor stock opened at $10.15 on Friday. The company has a 50 day moving average price of $10.24 and a 200 day moving average price of $10.76. 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 quick ratio of 0.98 and a current ratio of 1.15. The firm has a market capitalization of $40.32 billion, a price-to-earnings ratio of 11.53, a P/E/G ratio of 1.93 and a beta of 1.64.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. Research analysts forecast that Ford Motor will post 1.77 EPS for the current year.

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.