Weaver Capital Management LLC Trims Stock Holdings in Ford Motor (NYSE:F)

Weaver Capital Management LLC decreased its holdings in Ford Motor (NYSE:F) by 19.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,840 shares of the auto manufacturer’s stock after selling 8,989 shares during the period. Weaver Capital Management LLC’s holdings in Ford Motor were worth $400,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Olistico Wealth LLC purchased a new position in shares of Ford Motor in the second quarter worth about $25,000. Family Firm Inc. purchased a new position in Ford Motor during the second quarter valued at approximately $26,000. Quarry LP purchased a new position in Ford Motor during the second quarter valued at approximately $27,000. Ridgewood Investments LLC purchased a new position in Ford Motor during the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC purchased a new position in Ford Motor during the second quarter valued at approximately $30,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of several research analyst reports. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $11.00 price target on shares of Ford Motor in a report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $12.56.

Ford Motor Stock Up 2.1 %

NYSE:F opened at $11.11 on Wednesday. The firm’s 50-day moving average price is $10.79 and its 200-day moving average price is $11.73. The company has a market capitalization of $44.35 billion, a PE ratio of 11.45, a P/E/G ratio of 0.77 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.72 EPS. On average, equities analysts predict that Ford Motor will post 1.88 EPS for the current fiscal year.

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.