Bristol Advisors LLC Buys 149,600 Shares of Ford Motor (F)
Bristol Advisors LLC lifted its stake in Ford Motor (NYSE:F) by 598.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 174,600 shares of the auto manufacturer’s stock after acquiring an additional 149,600 shares during the quarter. Ford Motor makes up approximately 1.4% of Bristol Advisors LLC’s investment portfolio, making the stock its 17th largest position. Bristol Advisors LLC’s holdings in Ford Motor were worth $2,181,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in F. Captrust Financial Advisors acquired a new stake in shares of Ford Motor in the second quarter valued at about $106,000. Balentine LLC grew its holdings in Ford Motor by 4.0% during the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 365 shares during the period. Godsey & Gibb Associates bought a new position in Ford Motor during the second quarter worth about $117,000. Brighton Jones LLC grew its holdings in Ford Motor by 40.3% during the third quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock worth $119,000 after purchasing an additional 5,518 shares during the period. Finally, Affinity Wealth Management grew its holdings in Ford Motor by 892.4% during the second quarter. Affinity Wealth Management now owns 107,575 shares of the auto manufacturer’s stock worth $120,000 after purchasing an additional 96,735 shares during the period. 53.61% of the stock is currently owned by institutional investors and hedge funds.
Shares of Ford Motor (NYSE F) traded up $0.07 during trading hours on Friday, hitting $13.23. The stock had a trading volume of 38,187,294 shares, compared to its average volume of 35,093,625. Ford Motor has a 12 month low of $10.47 and a 12 month high of $13.22. The company has a market capitalization of $52,340.00, a PE ratio of 12.03, a PEG ratio of 0.81 and a beta of 1.26. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94.
In other news, insider Steven R. Armstrong sold 10,752 shares of Ford Motor stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the completion of the sale, the insider now directly owns 101,159 shares in the company, valued at $1,246,278.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Hau N. Thai-Tang sold 18,000 shares of Ford Motor stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $13.00, for a total transaction of $234,000.00. Following the completion of the sale, the insider now owns 14,358 shares of the company’s stock, valued at $186,654. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,752 shares of company stock valued at $603,965. Corporate insiders own 1.08% of the company’s stock.
A number of equities analysts recently commented on F shares. Royal Bank of Canada reiterated a “buy” rating and set a $13.00 price target on shares of Ford Motor in a report on Monday, September 18th. Vetr cut Ford Motor from a “buy” rating to a “hold” rating and set a $12.34 price target for the company. in a report on Wednesday, September 27th. ValuEngine upgraded Ford Motor from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Standpoint Research upgraded Ford Motor from a “hold” rating to a “buy” rating in a report on Wednesday, October 4th. Finally, TheStreet upgraded Ford Motor from a “c+” rating to a “b-” rating in a report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the stock. Ford Motor presently has an average rating of “Hold” and a consensus target price of $12.66.
Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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