Ford Motor (NYSE:F) Position Raised by MONECO Advisors LLC

MONECO Advisors LLC raised its stake in Ford Motor (NYSE:F) by 10.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 38,766 shares of the auto manufacturer’s stock after acquiring an additional 3,753 shares during the period. MONECO Advisors LLC’s holdings in Ford Motor were worth $576,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. OLD Mission Capital LLC bought a new stake in Ford Motor in the third quarter worth $108,000. Mount Yale Investment Advisors LLC acquired a new position in Ford Motor in the first quarter worth about $142,000. Natixis Advisors L.P. raised its position in Ford Motor by 6.5% in the first quarter. Natixis Advisors L.P. now owns 459,867 shares of the auto manufacturer’s stock worth $5,633,000 after purchasing an additional 28,171 shares in the last quarter. Total Clarity Wealth Management Inc. bought a new stake in Ford Motor during the first quarter worth about $50,000. Finally, Los Angeles Capital Management LLC grew its stake in shares of Ford Motor by 181.2% during the first quarter. Los Angeles Capital Management LLC now owns 1,743,299 shares of the auto manufacturer’s stock valued at $21,355,000 after purchasing an additional 1,123,264 shares during the last quarter. 50.86% of the stock is currently owned by institutional investors.

F has been the topic of a number of research analyst reports. Royal Bank of Canada upgraded shares of Ford Motor from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $13.00 to $17.00 in a report on Thursday, May 27th. Bank of America lifted their target price on shares of Ford Motor from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, July 16th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Ford Motor from $14.00 to $16.00 and gave the stock a “hold” rating in a research note on Thursday, May 27th. JPMorgan Chase & Co. boosted their target price on shares of Ford Motor from $16.00 to $18.00 and gave the company an “overweight” rating in a research report on Friday, June 4th. Finally, Tudor Pickering began coverage on shares of Ford Motor in a research note on Tuesday, May 18th. They issued a “buy” rating and a $17.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $14.94.

Shares of F stock traded up $0.21 during mid-day trading on Wednesday, reaching $13.07. 1,052,543 shares of the company’s stock traded hands, compared to its average volume of 74,778,336. Ford Motor has a 12 month low of $6.41 and a 12 month high of $16.45. The company has a market cap of $52.21 billion, a P/E ratio of 15.13, a P/E/G ratio of 0.35 and a beta of 1.14. The company has a quick ratio of 1.05, a current ratio of 1.21 and a debt-to-equity ratio of 2.90. The company’s 50-day moving average price is $13.51 and its 200-day moving average price is $13.29.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, July 27th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.16. The firm had revenue of $24.13 billion during the quarter, compared to analyst estimates of $21.50 billion. Ford Motor had a return on equity of 24.26% and a net margin of 2.50%. Equities analysts predict that Ford Motor will post 1.61 earnings per share for the current year.

In other news, insider Stuart J. Rowley sold 37,414 shares of the company’s stock in a transaction dated Monday, June 21st. The shares were sold at an average price of $14.82, for a total transaction of $554,475.48. Following the completion of the sale, the insider now owns 153,614 shares of the company’s stock, valued at approximately $2,276,559.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Stuart J. Rowley sold 15,000 shares of the company’s stock in a transaction dated Friday, June 18th. The shares were sold at an average price of $14.62, for a total transaction of $219,300.00. Following the sale, the insider now directly owns 153,614 shares of the company’s stock, valued at approximately $2,245,836.68. The disclosure for this sale can be found here. 0.90% of the stock is owned by insiders.

Ford Motor Company Profile

Ford Motor Co engages in the manufacture, distribution, and sale of automobiles. It operates through the following three segments: Automotive, Mobility, and Ford Credit. The Automotive segment engages in developing, manufacturing, marketing and servicing of Ford cars, Lincoln vehicles. The Mobility segment includes Ford Smart Mobility LLC and autonomous vehicles business.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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