Court Place Advisors LLC Sells 1,865 Shares of Ford Motor (NYSE:F)

Court Place Advisors LLC lessened its position in shares of Ford Motor (NYSE:F) by 12.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,394 shares of the auto manufacturer’s stock after selling 1,865 shares during the quarter. Court Place Advisors LLC’s holdings in Ford Motor were worth $133,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in F. Meridian Financial Partners LLC lifted its stake in shares of Ford Motor by 1.1% in the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after purchasing an additional 953 shares during the period. Apollon Wealth Management LLC increased its holdings in Ford Motor by 1.1% in the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after purchasing an additional 969 shares during the last quarter. Pure Financial Advisors LLC lifted its stake in Ford Motor by 6.6% in the third quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock valued at $170,000 after buying an additional 990 shares during the period. PBMares Wealth Management LLC boosted its holdings in Ford Motor by 9.0% during the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after buying an additional 991 shares during the last quarter. Finally, Pointe Capital Management LLC grew its position in shares of Ford Motor by 4.8% during the 3rd quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock worth $230,000 after buying an additional 1,000 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 2.5 %

F stock opened at $10.38 on Tuesday. The business has a 50-day moving average of $10.29 and a 200-day moving average of $10.81. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The stock has a market capitalization of $41.23 billion, a P/E ratio of 11.79, a P/E/G ratio of 1.93 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. 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. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Finally, Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $11.82.

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.