Asset Dedication LLC Has $92,000 Stake in Ford Motor (NYSE:F)

Asset Dedication LLC lessened its holdings in Ford Motor (NYSE:F) by 9.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,331 shares of the auto manufacturer’s stock after selling 1,002 shares during the quarter. Asset Dedication LLC’s holdings in Ford Motor were worth $92,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Quarry LP bought a new stake in Ford Motor in the second quarter worth approximately $27,000. Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the third quarter valued at approximately $33,000. Access Investment Management LLC acquired a new stake in Ford Motor in the 3rd quarter valued at $34,000. Modus Advisors LLC bought a new position in shares of Ford Motor in the fourth quarter valued at $34,000. Finally, Albion Financial Group UT raised its holdings in shares of Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

F has been the subject of several recent research reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and cut their price objective for the stock from $12.00 to $9.00 in a research 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 target for the company. in a research report on Thursday, November 7th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.82.

Ford Motor Stock Down 0.6 %

F stock opened at $10.15 on Friday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The firm has a market capitalization of $40.32 billion, a PE ratio of 11.53, a PEG 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 stock has a 50-day simple moving average of $10.24 and a two-hundred day simple moving average of $10.76.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the prior year, the firm posted $0.39 EPS. Ford Motor’s revenue was up 5.5% on a year-over-year basis. On average, equities analysts predict that Ford Motor will post 1.77 EPS for the current fiscal year.

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.