Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Ford Motor Company (NYSE:F – Free Report) by 7.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,285,055 shares of the auto manufacturer’s stock after acquiring an additional 168,257 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Ford Motor were worth $27,329,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Caxton Associates LLP acquired a new stake in shares of Ford Motor during the 1st quarter worth approximately $304,000. Empowered Funds LLC increased its position in Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after buying an additional 43,385 shares during the period. Assenagon Asset Management S.A. increased its position in Ford Motor by 11.8% in the second quarter. Assenagon Asset Management S.A. now owns 52,719 shares of the auto manufacturer’s stock worth $572,000 after buying an additional 5,559 shares during the period. Farther Finance Advisors LLC lifted its stake in Ford Motor by 29.0% in the second quarter. Farther Finance Advisors LLC now owns 87,551 shares of the auto manufacturer’s stock valued at $950,000 after buying an additional 19,676 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in shares of Ford Motor by 1.2% during the second quarter. Park Avenue Securities LLC now owns 105,172 shares of the auto manufacturer’s stock valued at $1,141,000 after acquiring an additional 1,296 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.
Ford Motor Stock Down 0.4%
F stock opened at $13.72 on Friday. The firm’s 50-day moving average is $13.38 and its two-hundred day moving average is $12.40. The company has a market capitalization of $54.67 billion, a price-to-earnings ratio of 11.83 and a beta of 1.62. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $14.50. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on F shares. UBS Group increased their price objective on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their price target for the company from $9.00 to $12.00 in a research note on Monday, October 6th. Piper Sandler raised Ford Motor from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $11.00 to $16.00 in a report on Thursday, January 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a research report on Monday, December 22nd. Finally, Wall Street Zen upgraded Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday, December 27th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $13.12.
Read Our Latest Research Report on F
Ford Motor Company Profile
Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.
Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.
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