Cairn Investment Group Inc. Trims Stock Holdings in Ford Motor (NYSE:F)

Cairn Investment Group Inc. trimmed its holdings in Ford Motor (NYSE:F) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,825 shares of the auto manufacturer’s stock after selling 2,000 shares during the quarter. Cairn Investment Group Inc.’s holdings in Ford Motor were worth $414,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of F. OLD National Bancorp IN grew its stake in Ford Motor by 8.5% in the fourth quarter. OLD National Bancorp IN now owns 609,611 shares of the auto manufacturer’s stock worth $6,035,000 after purchasing an additional 47,728 shares in the last quarter. Busey Bank grew its stake in Ford Motor by 25.9% in the fourth quarter. Busey Bank now owns 31,419 shares of the auto manufacturer’s stock worth $311,000 after purchasing an additional 6,465 shares in the last quarter. Baron Wealth Management LLC grew its stake in Ford Motor by 33.4% in the fourth quarter. Baron Wealth Management LLC now owns 242,154 shares of the auto manufacturer’s stock worth $2,397,000 after purchasing an additional 60,640 shares in the last quarter. Swedbank AB grew its stake in Ford Motor by 9.7% in the fourth quarter. Swedbank AB now owns 1,033,923 shares of the auto manufacturer’s stock worth $10,236,000 after purchasing an additional 91,260 shares in the last quarter. Finally, Strategic Blueprint LLC grew its stake in Ford Motor by 8.7% in the fourth quarter. Strategic Blueprint LLC now owns 24,269 shares of the auto manufacturer’s stock worth $240,000 after purchasing an additional 1,934 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Price Performance

NYSE:F opened at $10.20 on Thursday. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $40.54 billion, a PE ratio of 11.59, a price-to-earnings-growth ratio of 1.93 and a beta of 1.64. The stock’s 50-day moving average price is $10.25 and its 200-day moving average price is $10.76.

Ford Motor (NYSE:F) last posted its 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 firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same period last year, the firm earned $0.39 EPS. The company’s quarterly revenue was up 5.5% on a year-over-year basis. As a group, equities analysts expect that Ford Motor will post 1.77 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on F shares. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft dropped 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. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock 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.