KG&L Capital Management LLC Reduces Holdings in Ford Motor (NYSE:F)

KG&L Capital Management LLC trimmed its holdings in Ford Motor (NYSE:F - Free Report) by 71.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,495 shares of the auto manufacturer's stock after selling 60,539 shares during the quarter. KG&L Capital Management LLC's holdings in Ford Motor were worth $247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Assenagon Asset Management S.A. grew its stake in shares of Ford Motor by 14,373.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer's stock valued at $93,830,000 after buying an additional 8,824,000 shares during the period. Jacobs Levy Equity Management Inc. grew its stake in Ford Motor by 112.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer's stock valued at $126,477,000 after acquiring an additional 6,348,185 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 4.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer's stock valued at $1,294,752,000 after acquiring an additional 5,270,562 shares in the last quarter. Worldquant Millennium Advisors LLC acquired a new position in shares of Ford Motor during the third quarter worth approximately $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Ford Motor by 420.2% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer's stock worth $63,812,000 after purchasing an additional 4,881,105 shares in the last quarter. Institutional investors own 58.74% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on F shares. Barclays lowered Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Sanford C. Bernstein downgraded Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. Royal Bank of Canada reissued a "sector perform" rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price 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. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company's 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 Trading Down 0.9 %

Shares of Ford Motor stock traded down $0.10 during trading on Friday, reaching $10.07. The company's stock had a trading volume of 103,625,722 shares, compared to its average volume of 57,870,328. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The firm's 50-day moving average is $10.21 and its two-hundred day moving average is $10.70. The company has a market cap of $40.00 billion, a price-to-earnings ratio of 11.44, a PEG 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.