Lebenthal Global Advisors LLC Grows Position in Ford Motor (NYSE:F)

Lebenthal Global Advisors LLC boosted its holdings in Ford Motor (NYSE:F) by 17.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 81,356 shares of the auto manufacturer’s stock after buying an additional 12,203 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in Ford Motor were worth $805,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Public Sector Pension Investment Board boosted its stake in shares of Ford Motor by 76.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 153,112 shares of the auto manufacturer’s stock worth $1,920,000 after buying an additional 66,123 shares during the last quarter. Marshall Wace LLP lifted its holdings in Ford Motor by 117.8% in the second quarter. Marshall Wace LLP now owns 387,859 shares of the auto manufacturer’s stock valued at $4,864,000 after acquiring an additional 209,756 shares during the period. Algert Global LLC purchased a new position in Ford Motor in the second quarter worth about $214,000. Creative Planning boosted its position in Ford Motor by 0.6% in the second quarter. Creative Planning now owns 1,940,973 shares of the auto manufacturer’s stock worth $24,340,000 after purchasing an additional 12,050 shares during the last quarter. Finally, Silver Lake Advisory LLC bought a new stake in shares of Ford Motor during the 2nd quarter valued at about $159,000. Institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on F. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.82.

Ford Motor Stock Up 2.5 %

F opened at $10.38 on Tuesday. The company has a market capitalization of $41.23 billion, a PE ratio of 11.79, a price-to-earnings-growth ratio of 1.93 and a beta of 1.64. The firm has a 50-day simple moving average of $10.29 and a two-hundred day simple moving average of $10.81. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period in the prior year, the company earned $0.39 earnings per share. The firm’s revenue was up 5.5% on a year-over-year basis. Analysts forecast that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Company Profile

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.