Vanguard Personalized Indexing Management LLC grew its stake in shares of Ford Motor Company (NYSE:F – Free Report) by 10.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 417,076 shares of the auto manufacturer’s stock after purchasing an additional 39,055 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Ford Motor were worth $4,988,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trust Co. of Toledo NA OH purchased a new stake in shares of Ford Motor during the second quarter valued at approximately $25,000. Corsicana & Co. acquired a new stake in Ford Motor during the 3rd quarter valued at $25,000. Country Trust Bank purchased a new stake in Ford Motor during the 2nd quarter worth $27,000. Capital A Wealth Management LLC increased its stake in Ford Motor by 990.9% during the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 2,279 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new position in Ford Motor in the 2nd quarter worth $30,000. 58.74% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on F. TD Cowen lifted their target price on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Piper Sandler raised Ford Motor from a “neutral” rating to an “overweight” rating and upped their target price for the company from $11.00 to $16.00 in a research report on Thursday, January 8th. Zacks Research raised shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. UBS Group lifted their price target on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.19.
Ford Motor Stock Performance
Shares of Ford Motor stock traded down $0.14 during trading hours on Wednesday, reaching $13.80. The company’s stock had a trading volume of 4,431,552 shares, compared to its average volume of 61,134,016. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.98 and a current ratio of 1.12. Ford Motor Company has a one year low of $8.44 and a one year high of $14.50. The company’s 50 day simple moving average is $13.41 and its 200 day simple moving average is $12.45. The stock has a market cap of $54.97 billion, a P/E ratio of 11.90, a price-to-earnings-growth ratio of 5.63 and a beta of 1.62.
Ford Motor Company Profile
Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.
Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.
Read More
- Five stocks we like better than Ford Motor
- America’s Next Power Move Starts Underground
- Your Signature Is Missing – Act Before It’s Too Late
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- The biggest scam in the history of gold markets is unwinding
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.
