OLD National Bancorp IN Purchases 47,728 Shares of Ford Motor (NYSE:F)

OLD National Bancorp IN raised its holdings in Ford Motor (NYSE:F - Free Report) by 8.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 609,611 shares of the auto manufacturer's stock after buying an additional 47,728 shares during the quarter. OLD National Bancorp IN's holdings in Ford Motor were worth $6,035,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its stake in Ford Motor by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer's stock worth $1,294,752,000 after buying an additional 5,270,562 shares during the period. Geode Capital Management LLC raised its position in shares of Ford Motor by 1.7% during the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer's stock worth $863,009,000 after purchasing an additional 1,336,676 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer's stock worth $257,108,000 after purchasing an additional 636,330 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in Ford Motor by 112.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer's stock valued at $126,477,000 after purchasing an additional 6,348,185 shares during the period. Finally, Swiss National Bank increased its stake in Ford Motor by 0.7% during the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer's stock valued at $122,917,000 after purchasing an additional 84,600 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Up 0.9 %

Shares of NYSE F traded up $0.09 during mid-day trading on Friday, hitting $10.25. The stock had a trading volume of 22,690,696 shares, compared to its average volume of 62,218,973. The business has a 50 day moving average price of $10.23 and a two-hundred day moving average price of $10.76. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm has a market cap of $40.74 billion, a P/E ratio of 11.64, a price-to-earnings-growth ratio of 1.97 and a beta of 1.64.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor's revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 EPS. On average, equities analysts anticipate that Ford Motor will post 1.78 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wolfe Research reissued an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. 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. Barclays cut shares of Ford Motor from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Ford Motor from $11.00 to $10.00 and set a "hold" rating for the company in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group downgraded Ford Motor from a "hold" rating to an "underperform" rating and cut their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $11.82.

Ford Motor 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.