Smith Group Asset Management LLC Invests $495,000 in Ford Motor (NYSE:F)

Smith Group Asset Management LLC acquired a new position in Ford Motor (NYSE:F - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 50,000 shares of the auto manufacturer's stock, valued at approximately $495,000.

Other hedge funds have also recently bought and sold shares of the company. Marshall Wace LLP grew its stake in shares of Ford Motor by 117.8% in the second quarter. Marshall Wace LLP now owns 387,859 shares of the auto manufacturer's stock worth $4,864,000 after purchasing an additional 209,756 shares in the last quarter. Algert Global LLC bought a new position in Ford Motor in the 2nd quarter valued at about $214,000. NewEdge Advisors LLC increased its stake in Ford Motor by 38.4% during the 2nd quarter. NewEdge Advisors LLC now owns 284,525 shares of the auto manufacturer's stock valued at $3,568,000 after buying an additional 78,926 shares during the period. Sunbelt Securities Inc. raised its position in shares of Ford Motor by 26.9% during the 2nd quarter. Sunbelt Securities Inc. now owns 33,499 shares of the auto manufacturer's stock worth $420,000 after buying an additional 7,107 shares in the last quarter. Finally, Quarry LP acquired a new stake in shares of Ford Motor in the 2nd quarter worth approximately $27,000. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Trading Down 0.9 %

NYSE F traded down $0.10 on Friday, hitting $10.07. 103,625,722 shares of the company were exchanged, compared to its average volume of 57,870,328. 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 twelve month low of $9.49 and a twelve month high of $14.85. The firm has a market capitalization of $40.00 billion, a P/E ratio of 11.44, a price-to-earnings-growth ratio of 1.97 and a beta of 1.64. The company's 50 day moving average price is $10.21 and its 200-day moving average price is $10.70.

Analyst Upgrades and Downgrades

F has been the topic of a number of research analyst reports. Barclays lowered shares of Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and lowered their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft cut their price objective on Ford Motor from $11.00 to $10.00 and set a "hold" rating for the company in a report on Wednesday, October 30th. Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Sanford C. Bernstein downgraded shares of Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target for the company. in a report on Thursday, November 7th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price 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.