Lebenthal Global Advisors LLC Grows Position in Ford Motor (NYSE:F)

Lebenthal Global Advisors LLC boosted its position in shares of Ford Motor (NYSE:F) by 17.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 81,356 shares of the auto manufacturer’s stock after acquiring an additional 12,203 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in Ford Motor were worth $805,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Meridian Financial Partners LLC raised its position in Ford Motor by 1.1% during the 3rd quarter. Meridian Financial Partners LLC now owns 85,471 shares of the auto manufacturer’s stock valued at $903,000 after purchasing an additional 953 shares in the last quarter. Apollon Wealth Management LLC lifted its position in Ford Motor by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 92,950 shares of the auto manufacturer’s stock valued at $982,000 after acquiring an additional 969 shares during the last quarter. Pure Financial Advisors LLC boosted its position in shares of Ford Motor by 6.6% in the 3rd quarter. Pure Financial Advisors LLC now owns 16,096 shares of the auto manufacturer’s stock worth $170,000 after purchasing an additional 990 shares in the last quarter. PBMares Wealth Management LLC boosted its holdings in Ford Motor by 9.0% in the third quarter. PBMares Wealth Management LLC now owns 11,976 shares of the auto manufacturer’s stock worth $126,000 after acquiring an additional 991 shares in the last quarter. Finally, Pointe Capital Management LLC grew its position in Ford Motor by 4.8% during the 3rd quarter. Pointe Capital Management LLC now owns 21,821 shares of the auto manufacturer’s stock worth $230,000 after purchasing an additional 1,000 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Up 2.5 %

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

Ford Motor (NYSE:F) last issued its quarterly earnings data 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. The business had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the company posted $0.39 EPS. As a group, research analysts expect that Ford Motor will post 1.77 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on F shares. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and upped their target price for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a report on Thursday, November 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft cut 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 note on Wednesday, October 30th. Three 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 stock 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.