Smith Group Asset Management LLC Buys New Holdings in Ford Motor (NYSE:F)

Smith Group Asset Management LLC purchased a new stake in shares of Ford Motor (NYSE:F - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 50,000 shares of the auto manufacturer's stock, valued at approximately $495,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JDH Wealth Management LLC acquired a new stake in Ford Motor during the fourth quarter valued at approximately $104,000. Lebenthal Global Advisors LLC boosted its holdings in shares of Ford Motor by 17.6% in the 4th quarter. Lebenthal Global Advisors LLC now owns 81,356 shares of the auto manufacturer's stock worth $805,000 after acquiring an additional 12,203 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Ford Motor by 141.6% in the 4th quarter. Pacer Advisors Inc. now owns 699,604 shares of the auto manufacturer's stock worth $6,926,000 after acquiring an additional 410,092 shares in the last quarter. Cornerstone Wealth Group LLC lifted its holdings in Ford Motor by 10.6% during the 4th quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer's stock worth $113,000 after buying an additional 1,098 shares in the last quarter. Finally, 1834 Investment Advisors Co. lifted its holdings in Ford Motor by 3.8% during the 4th quarter. 1834 Investment Advisors Co. now owns 284,777 shares of the auto manufacturer's stock worth $2,819,000 after buying an additional 10,344 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Up 0.5 %

F stock traded up $0.05 during trading hours on Thursday, reaching $10.26. 15,995,604 shares of the stock were exchanged, compared to its average volume of 61,578,352. The firm's 50-day moving average is $10.24 and its 200-day moving average is $10.76. The company has a market cap of $40.79 billion, a price-to-earnings ratio of 11.66, a PEG ratio of 1.93 and a beta of 1.64. 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 12 month low of $9.49 and a 12 month high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to analysts' expectations of $45.13 billion. During the same quarter in the prior year, the company earned $0.39 EPS. The company's revenue was up 5.5% on a year-over-year basis. On average, equities research analysts expect that Ford Motor will post 1.77 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Jefferies Financial Group downgraded Ford Motor from a "hold" rating to an "underperform" rating and reduced their price objective for the stock 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 price objective on the stock. in a report on Thursday, November 7th. Barclays cut shares of 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 research report on Wednesday, January 22nd. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $11.82.

About Ford Motor

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.