Clear Harbor Asset Management LLC Invests $218,000 in Ford Motor (NYSE:F)

Clear Harbor Asset Management LLC bought a new stake in Ford Motor (NYSE:F) in the 3rd quarter, Holdings Channel.com reports. The firm bought 20,600 shares of the auto manufacturer’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of F. Olistico Wealth LLC acquired a new position in shares of Ford Motor in the second quarter valued at $25,000. Family Firm Inc. acquired a new position in Ford Motor in the 2nd quarter valued at about $26,000. Quarry LP bought a new position in Ford Motor in the 2nd quarter valued at about $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor during the second quarter worth approximately $28,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Ford Motor during the second quarter worth approximately $30,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 1.5 %

Shares of F opened at $11.07 on Monday. The firm has a 50 day simple moving average of $10.83 and a two-hundred day simple moving average of $11.68. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a market cap of $44.20 billion, a P/E ratio of 11.41, a P/E/G ratio of 1.58 and a beta of 1.62.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Royal Bank of Canada dropped their target price on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a report on Monday, August 12th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a research note on Tuesday, September 10th. Finally, Wolfe Research began coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $12.56.

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.