Ford Motor (NYSE:F) Stock Position Lowered by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC lessened its position in Ford Motor (NYSE:F) by 9.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 47,097 shares of the auto manufacturer’s stock after selling 4,959 shares during the period. N.E.W. Advisory Services LLC’s holdings in Ford Motor were worth $466,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Franklin Resources Inc. raised its position in shares of Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after purchasing an additional 336,720 shares during the period. Principal Financial Group Inc. raised its position 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 worth $46,408,000 after purchasing an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor during the third quarter worth $55,456,000. CHURCHILL MANAGEMENT Corp acquired a new stake in shares of Ford Motor during the fourth quarter worth $10,853,000. Finally, ING Groep NV raised its position 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 worth $12,473,000 after purchasing an additional 570,293 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

F has been the topic of a number of recent analyst reports. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft lowered their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, October 30th. Finally, Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company 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 given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.82.

Ford Motor Stock Performance

Shares of NYSE F opened at $10.07 on Friday. The business’s 50-day moving average price is $10.23 and its two-hundred day moving average price is $10.76. 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 has a one year low of $9.49 and a one year high of $14.85. The company has a market capitalization of $40.00 billion, a P/E ratio of 11.44, a price-to-earnings-growth ratio of 1.97 and a beta of 1.64.

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.