Asset Management One Co. Ltd. raised its position in shares of Ford Motor (NYSE:F – Free Report) by 0.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,584,867 shares of the auto manufacturer’s stock after acquiring an additional 10,696 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Ford Motor were worth $19,969,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. FourThought Financial Partners LLC acquired a new position in shares of Ford Motor during the fourth quarter valued at approximately $161,000. Capital Investment Advisory Services LLC raised its holdings in shares of Ford Motor by 88.4% during the first quarter. Capital Investment Advisory Services LLC now owns 69,826 shares of the auto manufacturer’s stock valued at $880,000 after acquiring an additional 32,772 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Ford Motor by 46.6% during the fourth quarter. Sequoia Financial Advisors LLC now owns 291,643 shares of the auto manufacturer’s stock valued at $3,392,000 after acquiring an additional 92,651 shares during the last quarter. CIBC Asset Management Inc raised its holdings in shares of Ford Motor by 6.8% during the fourth quarter. CIBC Asset Management Inc now owns 575,064 shares of the auto manufacturer’s stock valued at $6,688,000 after acquiring an additional 36,561 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Ford Motor by 1,072.0% during the first quarter. Assenagon Asset Management S.A. now owns 1,007,386 shares of the auto manufacturer’s stock valued at $12,693,000 after acquiring an additional 921,431 shares during the last quarter. Institutional investors and hedge funds own 53.20% of the company’s stock.
Ford Motor Stock Performance
Shares of NYSE F opened at $14.98 on Monday. Ford Motor has a twelve month low of $10.90 and a twelve month high of $16.68. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 2.16. The stock has a fifty day simple moving average of $13.06 and a 200-day simple moving average of $12.62. The stock has a market capitalization of $59.93 billion, a PE ratio of 21.10, a PEG ratio of 1.38 and a beta of 1.59.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the company. Daiwa Capital Markets raised Ford Motor from an “underperform” rating to a “neutral” rating and set a $12.00 target price for the company in a report on Thursday, May 25th. Morgan Stanley increased their price target on Ford Motor from $14.00 to $16.00 in a report on Thursday. TheStreet raised Ford Motor from a “c+” rating to a “b” rating in a report on Tuesday, May 2nd. StockNews.com initiated coverage on Ford Motor in a report on Thursday, May 18th. They issued a “hold” rating for the company. Finally, Benchmark increased their price target on Ford Motor from $19.00 to $20.00 in a report on Wednesday, May 3rd. Three analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $15.03.
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.
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