Atria Investments LLC Increases Stake in Ford Motor (F)
Atria Investments LLC grew its position in Ford Motor (NYSE:F) by 8.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 340,657 shares of the auto manufacturer’s stock after acquiring an additional 25,873 shares during the period. Atria Investments LLC’s holdings in Ford Motor were worth $4,255,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently made changes to their positions in F. Greenhaven Associates Inc. acquired a new stake in Ford Motor during the fourth quarter worth about $164,194,000. Alyeska Investment Group L.P. acquired a new stake in Ford Motor during the third quarter worth about $76,726,000. BlackRock Inc. grew its holdings in Ford Motor by 2.4% during the second quarter. BlackRock Inc. now owns 234,567,920 shares of the auto manufacturer’s stock worth $2,624,814,000 after acquiring an additional 5,562,630 shares during the period. Franklin Resources Inc. grew its holdings in Ford Motor by 5.7% during the second quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock worth $981,407,000 after acquiring an additional 4,706,379 shares during the period. Finally, Capital Research Global Investors grew its holdings in Ford Motor by 18.3% during the second quarter. Capital Research Global Investors now owns 23,655,000 shares of the auto manufacturer’s stock worth $264,699,000 after acquiring an additional 3,655,000 shares during the period. 53.60% of the stock is currently owned by institutional investors and hedge funds.
Several analysts recently commented on the company. Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Tuesday, January 9th. Royal Bank of Canada reaffirmed a “hold” rating and set a $14.00 target price on shares of Ford Motor in a report on Wednesday, December 20th. Cascend Securities lowered Ford Motor to a “buy” rating in a report on Tuesday, December 5th. ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Ford Motor in a report on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $12.66.
Ford Motor (F) opened at $13.10 on Wednesday. The stock has a market capitalization of $52,040.00, a P/E ratio of 11.91, a price-to-earnings-growth 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. Ford Motor has a 1 year low of $10.47 and a 1 year high of $13.48.
Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.10. The company had revenue of $33.65 billion for the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. Ford Motor’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.26 earnings per share. equities analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.
About Ford Motor
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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