Mutual Advisors LLC Has $677,000 Position in Ford Motor (NYSE:F)

Mutual Advisors LLC lifted its stake in shares of Ford Motor (NYSE:F – Get Rating) by 17.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 60,464 shares of the auto manufacturer’s stock after buying an additional 9,187 shares during the quarter. Mutual Advisors LLC’s holdings in Ford Motor were worth $677,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. RB Capital Management LLC increased its position in Ford Motor by 14.6% during the first quarter. RB Capital Management LLC now owns 27,339 shares of the auto manufacturer’s stock worth $462,000 after acquiring an additional 3,477 shares during the period. Fairfield Bush & CO. bought a new stake in shares of Ford Motor during the 1st quarter valued at approximately $37,000. Synovus Financial Corp grew its holdings in shares of Ford Motor by 275.4% during the 1st quarter. Synovus Financial Corp now owns 111,481 shares of the auto manufacturer’s stock valued at $1,886,000 after purchasing an additional 81,783 shares during the last quarter. Blair William & Co. IL grew its holdings in shares of Ford Motor by 17.3% during the 1st quarter. Blair William & Co. IL now owns 325,778 shares of the auto manufacturer’s stock valued at $5,509,000 after purchasing an additional 47,959 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in shares of Ford Motor by 3.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 564,002 shares of the auto manufacturer’s stock valued at $9,537,000 after purchasing an additional 16,498 shares during the last quarter. Institutional investors and hedge funds own 49.68% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $12.74 on Wednesday. Ford Motor has a 12 month low of $10.61 and a 12 month high of $21.05. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 2.00. The business’s 50 day simple moving average is $12.81 and its 200 day simple moving average is $13.39. The company has a market cap of $51.22 billion, a price-to-earnings ratio of 5.79, a PEG ratio of 1.09 and a beta of 1.44.

Ford Motor (NYSE:F – Get Rating) last posted its earnings results on Wednesday, October 26th. The auto manufacturer reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). The company had revenue of $37.19 billion for the quarter, compared to analysts’ expectations of $37.11 billion. Ford Motor had a return on equity of 14.69% and a net margin of 5.94%. The company’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. Sell-side analysts forecast that Ford Motor will post 1.96 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Morgan Stanley lifted their price target on shares of Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a report on Friday, October 28th. Citigroup lifted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 30th. StockNews.com began coverage on shares of Ford Motor in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. TheStreet downgraded shares of Ford Motor from a “b-” rating to a “c” rating in a research report on Wednesday, October 26th. Finally, UBS Group downgraded shares of Ford Motor from a “neutral” rating to a “sell” rating and cut their target price for the stock from $13.00 to $10.00 in a research report on Monday, October 10th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $17.29.

Insiders Place Their Bets

In other news, insider Stuart J. Rowley sold 29,821 shares of the company’s stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $13.97, for a total value of $416,599.37. Following the transaction, the insider now owns 224,978 shares of the company’s stock, valued at $3,142,942.66. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.71% of the company’s stock.

Ford Motor Company Profile

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Ford Motor Co engages in the manufacture, distribution, and sale of automobiles. It operates through the following segments: Automotive, Mobility, Ford Credit, Corporate Other, Interest on Debt, and Special Items. The Automotive segment develops, manufactures, markets, and services Ford and Lincoln vehicles, service parts, and accessories.