CX Institutional Purchases 2,132 Shares of Ford Motor (NYSE:F)

CX Institutional boosted its position in Ford Motor (NYSE:F) by 8.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,443 shares of the auto manufacturer’s stock after purchasing an additional 2,132 shares during the period. CX Institutional’s holdings in Ford Motor were worth $262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after purchasing an additional 1,001 shares during the last quarter. Hedges Asset Management LLC raised its stake in shares of Ford Motor by 40.0% during the fourth quarter. Hedges Asset Management LLC now owns 113,700 shares of the auto manufacturer’s stock valued at $1,126,000 after acquiring an additional 32,500 shares in the last quarter. Donoghue Forlines LLC bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $1,475,000. Teamwork Financial Advisors LLC bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $1,095,000. Finally, Finley Financial LLC bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $47,000. 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. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft reduced their price objective 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. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $11.82.

Ford Motor Trading Down 0.4 %

NYSE F opened at $10.12 on Monday. The company has a market capitalization of $40.20 billion, a PE ratio of 11.49, a P/E/G ratio of 1.93 and a beta of 1.64. The company has a fifty day moving average of $10.29 and a 200 day moving average of $10.83. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.39 earnings per share. Research analysts forecast that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor 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.