Ford Motor (NYSE:F) Shares Purchased by Lincoln Capital Corp

Lincoln Capital Corp boosted its stake in shares of Ford Motor (NYSE:F) by 18.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,025 shares of the auto manufacturer’s stock after acquiring an additional 4,800 shares during the quarter. Lincoln Capital Corp’s holdings in Ford Motor were worth $328,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Assenagon Asset Management S.A. grew its holdings in Ford Motor by 14,373.9% during the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after acquiring an additional 8,824,000 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after purchasing an additional 7,793,944 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Ford Motor by 456.9% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock valued at $50,160,000 after purchasing an additional 3,281,800 shares during the period. AQR Capital Management LLC boosted its holdings in Ford Motor by 103.6% during the second quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock worth $60,844,000 after buying an additional 2,497,695 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in Ford Motor by 1,215.6% during the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock worth $28,444,000 after buying an additional 2,488,850 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Wells Fargo & Company reduced their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a research report on Tuesday, September 10th. Wolfe Research assumed coverage on shares of Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $12.56.

Ford Motor Price Performance

F stock opened at $11.07 on Friday. The stock has a market capitalization of $44.20 billion, a price-to-earnings ratio of 11.41, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The stock’s fifty day simple moving average is $10.82 and its 200-day simple moving average is $11.72. 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 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. During the same period in the previous year, the business posted $0.72 earnings per share. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. Equities research analysts expect that Ford Motor will post 1.88 EPS for the current year.

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.