Sonora Investment Management Group LLC Acquires 1,264 Shares of Ford Motor (NYSE:F)

Sonora Investment Management Group LLC boosted its holdings in Ford Motor (NYSE:F) by 10.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,581 shares of the auto manufacturer’s stock after acquiring an additional 1,264 shares during the quarter. Sonora Investment Management Group LLC’s holdings in Ford Motor were worth $134,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in F. Calton & Associates Inc. lifted its holdings in shares of Ford Motor by 22.1% during the 4th quarter. Calton & Associates Inc. now owns 41,676 shares of the auto manufacturer’s stock valued at $413,000 after buying an additional 7,552 shares during the period. Crews Bank & Trust bought a new position in shares of Ford Motor during the 4th quarter valued at $34,000. OLD National Bancorp IN lifted its holdings in shares of Ford Motor by 8.5% during the 4th quarter. OLD National Bancorp IN now owns 609,611 shares of the auto manufacturer’s stock valued at $6,035,000 after buying an additional 47,728 shares during the period. Busey Bank lifted its holdings in shares of Ford Motor by 25.9% during the 4th quarter. Busey Bank now owns 31,419 shares of the auto manufacturer’s stock valued at $311,000 after buying an additional 6,465 shares during the period. Finally, Baron Wealth Management LLC lifted its holdings in shares of Ford Motor by 33.4% during the 4th quarter. Baron Wealth Management LLC now owns 242,154 shares of the auto manufacturer’s stock valued at $2,397,000 after buying an additional 60,640 shares during the period. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Down 0.9 %

Shares of NYSE F opened at $10.07 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The company has a market cap of $40.00 billion, a P/E ratio of 11.44, a PEG ratio of 1.97 and a beta of 1.64. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The firm has a 50-day simple moving average of $10.23 and a two-hundred day simple moving average of $10.76.

Analyst Ratings Changes

Several equities analysts have recently weighed in on F shares. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a report on Monday, December 16th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. Finally, Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three investment 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’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.82.

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.