Valley National Advisers Inc. Sells 4,072 Shares of Ford Motor (NYSE:F)

Valley National Advisers Inc. decreased its stake in Ford Motor (NYSE:F) by 44.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,184 shares of the auto manufacturer’s stock after selling 4,072 shares during the period. Valley National Advisers Inc.’s holdings in Ford Motor were worth $51,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in F. Assenagon Asset Management S.A. boosted its position in Ford Motor by 14,373.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock valued at $93,830,000 after buying an additional 8,824,000 shares during the period. Jacobs Levy Equity Management Inc. boosted its position in Ford Motor by 112.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after buying an additional 6,348,185 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Ford Motor by 4.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after buying an additional 5,270,562 shares during the period. Worldquant Millennium Advisors LLC purchased a new stake in Ford Motor during the 3rd quarter valued at $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in Ford Motor by 420.2% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock valued at $63,812,000 after buying an additional 4,881,105 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 1.7 %

NYSE:F opened at $9.91 on Tuesday. The firm has a market cap 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 company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The firm has a 50-day simple moving average of $10.21 and a two-hundred day simple moving average of $10.67.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on F shares. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft dropped 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 report on Wednesday, October 30th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Three investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $11.82.

Ford Motor Company 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.