Silverlake Wealth Management LLC Sells 13,221 Shares of Ford Motor (NYSE:F)

Silverlake Wealth Management LLC decreased its stake in shares of Ford Motor (NYSE:F) by 28.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,497 shares of the auto manufacturer’s stock after selling 13,221 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Ford Motor were worth $322,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Algert Global LLC purchased a new position in Ford Motor in the 2nd quarter worth about $214,000. Czech National Bank raised its holdings in shares of Ford Motor by 6.5% during the third quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after purchasing an additional 48,456 shares during the last quarter. GAMMA Investing LLC lifted its position in Ford Motor by 19.6% during the third quarter. GAMMA Investing LLC now owns 44,300 shares of the auto manufacturer’s stock valued at $468,000 after purchasing an additional 7,256 shares during the period. Diversified Trust Co boosted its holdings in Ford Motor by 27.0% in the third quarter. Diversified Trust Co now owns 130,443 shares of the auto manufacturer’s stock worth $1,377,000 after purchasing an additional 27,749 shares during the last quarter. Finally, Brookstone Capital Management grew its position in Ford Motor by 8.5% in the 3rd quarter. Brookstone Capital Management now owns 955,129 shares of the auto manufacturer’s stock worth $10,086,000 after purchasing an additional 75,193 shares during the period. 58.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

F has been the topic of a number of research reports. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the company from $12.00 to $9.00 in a report on Monday, December 16th. Sanford C. Bernstein downgraded 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. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $11.82.

Ford Motor Stock Down 1.8 %

Shares of F opened at $9.98 on Thursday. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a market cap of $39.65 billion, a PE ratio of 11.34, a P/E/G ratio of 1.96 and a beta of 1.63. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The business has a fifty day moving average of $10.16 and a 200 day moving average of $10.62.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. On average, sell-side analysts expect that Ford Motor will post 1.78 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.