Swedbank AB lifted its holdings in shares of Ford Motor (NYSE:F - Free Report) by 9.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,033,923 shares of the auto manufacturer's stock after purchasing an additional 91,260 shares during the period. Swedbank AB's holdings in Ford Motor were worth $10,236,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in the business. Meridian Financial Partners LLC boosted its stake in shares of Ford Motor by 1.1% during the third quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer's stock valued at $903,000 after purchasing an additional 953 shares during the period. Apollon Wealth Management LLC boosted its position in Ford Motor by 1.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer's stock valued at $982,000 after buying an additional 969 shares during the period. Pure Financial Advisors LLC boosted its position in Ford Motor by 6.6% during the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer's stock valued at $170,000 after buying an additional 990 shares during the period. PBMares Wealth Management LLC increased its position in shares of Ford Motor by 9.0% in the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer's stock valued at $126,000 after acquiring an additional 991 shares during the period. Finally, Pointe Capital Management LLC raised its stake in shares of Ford Motor by 4.8% during the third quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer's stock valued at $230,000 after acquiring an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.
Ford Motor Stock Performance
Shares of F traded down $0.10 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. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The stock has a market capitalization of $40.00 billion, a P/E ratio of 11.44, a PEG ratio of 1.97 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. The stock's 50 day simple moving average is $10.21 and its two-hundred day simple moving average is $10.70.
Wall Street Analyst Weigh In
Several research firms recently weighed in on F. Wolfe Research reiterated an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research report on Wednesday, October 30th. Barclays lowered shares of Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock 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 target price on the stock. in a report on Thursday, November 7th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Three 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 MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $11.82.
Check Out Our Latest Report on F
Ford Motor Profile
(
Free Report)
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.
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