Next Level Private LLC Sells 37,570 Shares of Ford Motor (NYSE:F)

Next Level Private LLC lessened its stake in Ford Motor (NYSE:F) by 16.5% in the fourth quarter, HoldingsChannel reports. The firm owned 190,587 shares of the auto manufacturer’s stock after selling 37,570 shares during the period. Next Level Private LLC’s holdings in Ford Motor were worth $1,887,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in F. Franklin Resources Inc. boosted its stake in shares of Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after acquiring an additional 336,720 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Ford Motor by 3.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock worth $46,408,000 after acquiring an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC purchased a new position in shares of Ford Motor during the 3rd quarter worth $55,456,000. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Ford Motor during the 4th quarter worth $10,853,000. Finally, ING Groep NV boosted its stake in shares of Ford Motor by 93.4% during the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock worth $12,473,000 after acquiring an additional 570,293 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 2.5 %

Shares of F opened at $10.38 on Tuesday. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week 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 company’s fifty day moving average is $10.29 and its 200 day moving average is $10.81. The stock has a market capitalization of $41.23 billion, a PE ratio of 11.79, a P/E/G ratio of 1.93 and a beta of 1.64.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same quarter last year, the business earned $0.39 earnings per share. Ford Motor’s quarterly revenue was up 5.5% compared to the same quarter last year. Sell-side analysts expect that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft lowered 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. Finally, Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three equities 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, Ford Motor currently has an average rating of “Hold” and an average price target of $11.82.

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.