Ford Motor (NYSE:F) Shares Sold by Cairn Investment Group Inc.

Cairn Investment Group Inc. reduced its stake in shares of Ford Motor (NYSE:F) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,825 shares of the auto manufacturer’s stock after selling 2,000 shares during the period. Cairn Investment Group Inc.’s holdings in Ford Motor were worth $414,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Quarry LP purchased a new stake in shares of Ford Motor during the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor during the 2nd quarter valued at approximately $30,000. Reston Wealth Management LLC purchased a new stake in shares of Ford Motor during the 3rd quarter valued at approximately $33,000. Access Investment Management LLC purchased a new stake in shares of Ford Motor during the 3rd quarter valued at approximately $34,000. Finally, Modus Advisors LLC purchased a new stake in shares of Ford Motor during the 4th quarter valued at approximately $34,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

NYSE F opened at $10.20 on Thursday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The company has a market capitalization of $40.54 billion, a PE ratio of 11.59, a P/E/G ratio of 1.93 and a beta of 1.64. The company has a fifty day moving average of $10.25 and a two-hundred day moving average of $10.76.

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

Wall Street Analyst Weigh In

F has been the topic of a number of research analyst reports. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft cut their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $11.82.

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.