Ford Motor (NYSE:F) Shares Acquired by Coastwise Capital Group LLC

Coastwise Capital Group LLC boosted its position in Ford Motor (NYSE:F) by 5.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,081 shares of the auto manufacturer’s stock after purchasing an additional 3,136 shares during the period. Coastwise Capital Group LLC’s holdings in Ford Motor were worth $634,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quarry LP bought a new stake in shares of Ford Motor in the 2nd quarter worth approximately $27,000. Reston Wealth Management LLC acquired a new position in Ford Motor in the third quarter worth approximately $33,000. Access Investment Management LLC acquired a new position in Ford Motor in the third quarter worth approximately $34,000. Modus Advisors LLC bought a new position in shares of Ford Motor in the fourth quarter valued at $34,000. Finally, Crews Bank & Trust acquired a new stake in shares of Ford Motor during the 4th quarter valued at $34,000. 58.74% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent research reports. 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. 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. Sanford C. Bernstein lowered shares of 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 reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.82.

Ford Motor Trading Down 0.6 %

Shares of NYSE:F opened at $10.15 on Friday. The firm has a market capitalization of $40.32 billion, a P/E ratio of 11.53, a price-to-earnings-growth ratio of 1.97 and a beta of 1.64. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm has a fifty day moving average of $10.23 and a two-hundred day moving average of $10.76.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 EPS. On average, equities analysts expect that Ford Motor will post 1.78 EPS for the current fiscal year.

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.