Total Clarity Wealth Management Inc. Trims Stock Position in Ford Motor (NYSE:F)

Total Clarity Wealth Management Inc. lessened its position in shares of Ford Motor (NYSE:F) by 13.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 88,056 shares of the auto manufacturer’s stock after selling 13,494 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Ford Motor were worth $872,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new stake in Ford Motor in the fourth quarter valued at approximately $93,000. Austin Private Wealth LLC raised its position in Ford Motor by 48.2% in the fourth quarter. Austin Private Wealth LLC now owns 17,235 shares of the auto manufacturer’s stock valued at $171,000 after purchasing an additional 5,607 shares during the period. Turtle Creek Wealth Advisors LLC grew its stake in shares of Ford Motor by 9.3% in the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 23,604 shares of the auto manufacturer’s stock worth $234,000 after acquiring an additional 2,007 shares in the last quarter. Coastwise Capital Group LLC grew its stake in shares of Ford Motor by 5.1% in the fourth quarter. Coastwise Capital Group LLC now owns 64,081 shares of the auto manufacturer’s stock worth $634,000 after acquiring an additional 3,136 shares in the last quarter. Finally, Sonora Investment Management Group LLC grew its stake in shares of Ford Motor by 10.3% in the fourth quarter. Sonora Investment Management Group LLC now owns 13,581 shares of the auto manufacturer’s stock worth $134,000 after acquiring an additional 1,264 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 0.9 %

NYSE F opened at $10.07 on Friday. The stock has a market capitalization of $40.00 billion, a P/E ratio of 11.44, a P/E/G ratio of 1.97 and a beta of 1.64. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The firm has a 50-day moving average price of $10.23 and a 200 day moving average price of $10.76. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft lowered their target price 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, Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target 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.