Optimal Asset Management Inc. grew its stake in shares of Ford Motor (NYSE:F) by 87.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 309,742 shares of the auto manufacturer’s stock after purchasing an additional 144,127 shares during the quarter. Optimal Asset Management Inc.’s holdings in Ford Motor were worth $1,496,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Engrave Wealth Partners LLC acquired a new position in shares of Ford Motor during the 4th quarter worth approximately $25,000. Red Door Wealth Management LLC acquired a new position in shares of Ford Motor during the 1st quarter worth approximately $32,000. Golden State Wealth Management LLC acquired a new position in shares of Ford Motor during the 1st quarter worth approximately $33,000. Woodley Farra Manion Portfolio Management Inc. increased its holdings in shares of Ford Motor by 261.0% during the 1st quarter. Woodley Farra Manion Portfolio Management Inc. now owns 7,039 shares of the auto manufacturer’s stock worth $34,000 after acquiring an additional 5,089 shares during the last quarter. Finally, San Francisco Sentry Investment Group CA increased its holdings in shares of Ford Motor by 2,960.9% during the 1st quarter. San Francisco Sentry Investment Group CA now owns 7,591 shares of the auto manufacturer’s stock worth $36,000 after acquiring an additional 7,343 shares during the last quarter. 49.40% of the stock is currently owned by hedge funds and other institutional investors.

F stock traded down $0.17 during mid-day trading on Friday, hitting $5.86. The stock had a trading volume of 1,690,849 shares, compared to its average volume of 100,982,360. The company has a current ratio of 1.32, a quick ratio of 1.20 and a debt-to-equity ratio of 3.85. Ford Motor has a 52 week low of $3.96 and a 52 week high of $10.56. The firm has a market capitalization of $23.59 billion, a P/E ratio of -7.62 and a beta of 1.31. The firm has a fifty day simple moving average of $5.91 and a 200 day simple moving average of $6.94.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, April 28th. The auto manufacturer reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.13). The firm had revenue of $34.32 billion during the quarter, compared to the consensus estimate of $31.73 billion. Ford Motor had a negative net margin of 2.06% and a positive return on equity of 6.54%. Ford Motor’s quarterly revenue was down 14.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.07) earnings per share. As a group, equities analysts expect that Ford Motor will post -1.35 earnings per share for the current fiscal year.

In related news, COO James D. Farley, Jr. purchased 194,950 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average cost of $5.13 per share, with a total value of $1,000,093.50. Following the acquisition, the chief operating officer now owns 828,922 shares of the company’s stock, valued at approximately $4,252,369.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.91% of the company’s stock.

F has been the topic of a number of recent analyst reports. Wolfe Research lowered Ford Motor from an “outperform” rating to a “peer perform” rating in a report on Friday, April 3rd. Zacks Investment Research lowered shares of Ford Motor from a “hold” rating to a “sell” rating and set a $4.25 price target on the stock. in a research report on Tuesday, March 24th. Morgan Stanley raised their price target on shares of Ford Motor from $7.00 to $8.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Bank of America lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Finally, Royal Bank of Canada lowered their price target on shares of Ford Motor from $6.50 to $5.00 and set a “sector perform” rating on the stock in a research report on Wednesday, April 29th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $7.42.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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