Swedbank AB Increases Stake in Ford Motor (NYSE:F)

Swedbank AB lifted its position in Ford Motor (NYSE:F) by 9.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,033,923 shares of the auto manufacturer’s stock after acquiring an additional 91,260 shares during the quarter. Swedbank AB’s holdings in Ford Motor were worth $10,236,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Algert Global LLC bought a new position in Ford Motor in the 2nd quarter valued at $214,000. Quarry LP bought a new position in shares of Ford Motor in the second quarter worth about $27,000. Sanctuary Advisors LLC purchased a new position in Ford Motor in the 2nd quarter worth about $7,459,000. Centaurus Financial Inc. lifted its holdings in Ford Motor by 4.4% during the 2nd quarter. Centaurus Financial Inc. now owns 55,147 shares of the auto manufacturer’s stock valued at $692,000 after buying an additional 2,300 shares in the last quarter. Finally, Czech National Bank boosted its position in Ford Motor by 6.5% in the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after buying an additional 48,456 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Down 0.9 %

NYSE:F opened at $10.07 on Friday. The stock has a market capitalization of $40.00 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 1.97 and a beta of 1.64. 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 firm has a 50 day moving average of $10.21 and a 200 day moving average of $10.73.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. 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 research note on Thursday, November 7th. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $11.82.

About Ford Motor

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.