Ford Motor (NYSE:F) Shares Bought by Benchmark Financial Wealth Advisors LLC

Benchmark Financial Wealth Advisors LLC lifted its stake in shares of Ford Motor (NYSE:F) by 16.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,416 shares of the auto manufacturer’s stock after purchasing an additional 1,894 shares during the quarter. Benchmark Financial Wealth Advisors LLC’s holdings in Ford Motor were worth $133,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in F. Charles Schwab Investment Management Inc. raised its stake 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 acquiring an additional 5,270,562 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Ford Motor by 1.7% during the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after purchasing an additional 1,336,676 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Ford Motor by 2.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer’s stock worth $257,108,000 after purchasing an additional 636,330 shares during the period. Jacobs Levy Equity Management Inc. increased its stake 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. Finally, Swiss National Bank raised its position in shares of Ford Motor by 0.7% during the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer’s stock worth $122,917,000 after buying an additional 84,600 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 1.8 %

Shares of F stock opened at $9.98 on Thursday. The company has a market capitalization of $39.65 billion, a P/E ratio of 11.34, a P/E/G ratio of 1.96 and a beta of 1.63. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The firm has a 50-day moving average price of $10.16 and a 200 day moving average price of $10.62. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Research analysts forecast that Ford Motor will post 1.78 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. 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 report on Thursday, November 7th. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average 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.