HHM Wealth Advisors LLC Cuts Stake in Ford Motor (NYSE:F)

HHM Wealth Advisors LLC lowered its stake in Ford Motor (NYSE:F) by 18.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,939 shares of the auto manufacturer’s stock after selling 1,090 shares during the quarter. HHM Wealth Advisors LLC’s holdings in Ford Motor were worth $49,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Algert Global LLC bought a new position in shares of Ford Motor during the second quarter worth about $214,000. Quarry LP bought a new position in Ford Motor during the 2nd quarter worth approximately $27,000. Quent Capital LLC grew its position in shares of Ford Motor by 94.5% in the 3rd quarter. Quent Capital LLC now owns 4,121 shares of the auto manufacturer’s stock worth $44,000 after acquiring an additional 2,002 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in shares of Ford Motor by 4.1% in the 3rd quarter. Handelsbanken Fonder AB now owns 504,928 shares of the auto manufacturer’s stock valued at $5,332,000 after acquiring an additional 19,722 shares during the last quarter. Finally, Czech National Bank raised its position in shares of Ford Motor by 6.5% during the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after acquiring an additional 48,456 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

F has been the topic of a number of recent research reports. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft lowered their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and cut their price target for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. 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 company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.82.

Ford Motor Stock Performance

Ford Motor stock opened at $9.91 on Tuesday. The firm has a market capitalization of $39.37 billion, a P/E ratio of 11.26, a P/E/G ratio of 1.96 and a beta of 1.63. The stock has a fifty day moving average price of $10.21 and a two-hundred day moving average price of $10.67. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

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.