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

Next Level Private LLC reduced its position in shares of Ford Motor (NYSE:F) by 16.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 SEC filing.

A number of other institutional investors also recently modified their holdings of F. Public Sector Pension Investment Board boosted its holdings in shares of Ford Motor by 76.0% during the second quarter. Public Sector Pension Investment Board now owns 153,112 shares of the auto manufacturer’s stock worth $1,920,000 after purchasing an additional 66,123 shares during the period. Marshall Wace LLP lifted its holdings in Ford Motor by 117.8% in the second quarter. Marshall Wace LLP now owns 387,859 shares of the auto manufacturer’s stock worth $4,864,000 after buying an additional 209,756 shares during the period. Algert Global LLC purchased a new stake in Ford Motor in the second quarter worth about $214,000. Creative Planning lifted its holdings in Ford Motor by 0.6% in the second quarter. Creative Planning now owns 1,940,973 shares of the auto manufacturer’s stock worth $24,340,000 after buying an additional 12,050 shares during the period. Finally, Silver Lake Advisory LLC purchased a new stake in Ford Motor in the second quarter worth about $159,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Shares of F opened at $10.38 on Tuesday. The company has a market capitalization of $41.23 billion, a P/E ratio of 11.79, a price-to-earnings-growth ratio of 1.93 and a beta of 1.64. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm has a 50 day moving average of $10.29 and a 200 day moving average of $10.81. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 earnings per share. As a group, equities research analysts anticipate that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

F has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and lowered their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a report on Thursday, November 7th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and an average price target of $11.82.

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.