Foster & Motley Inc. Sells 3,149 Shares of Ford Motor (NYSE:F)

Foster & Motley Inc. reduced its holdings in Ford Motor (NYSE:F) by 7.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,585 shares of the auto manufacturer’s stock after selling 3,149 shares during the quarter. Foster & Motley Inc.’s holdings in Ford Motor were worth $412,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Algert Global LLC bought a new stake in Ford Motor during the second quarter valued at approximately $214,000. Quarry LP purchased a new stake in shares of Ford Motor during the 2nd quarter valued at $27,000. Sanctuary Advisors LLC bought a new stake in shares of Ford Motor during the 2nd quarter worth $7,459,000. Centaurus Financial Inc. grew its position in Ford Motor by 4.4% in the second quarter. Centaurus Financial Inc. now owns 55,147 shares of the auto manufacturer’s stock worth $692,000 after acquiring an additional 2,300 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its stake in Ford Motor by 1.9% in the third quarter. Massmutual Trust Co. FSB ADV now owns 238,284 shares of the auto manufacturer’s stock valued at $2,516,000 after acquiring an additional 4,505 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on F. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft decreased their price target 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 cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Finally, Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.82.

Ford Motor Stock Performance

Ford Motor stock opened at $10.07 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The firm has a market cap of $40.00 billion, a P/E ratio of 11.44, a P/E/G ratio of 1.97 and a beta of 1.64. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The firm has a 50-day moving average of $10.23 and a 200-day moving average of $10.76.

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.