International Assets Investment Management LLC Acquires 2,488,850 Shares of Ford Motor (NYSE:F)

International Assets Investment Management LLC raised its holdings in shares of Ford Motor (NYSE:F) by 1,215.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,693,585 shares of the auto manufacturer’s stock after purchasing an additional 2,488,850 shares during the quarter. International Assets Investment Management LLC owned 0.07% of Ford Motor worth $28,444,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Legacy Wealth Asset Management LLC boosted its holdings in Ford Motor by 1.7% during the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock worth $650,000 after acquiring an additional 836 shares during the last quarter. Insight Wealth Partners LLC boosted its holdings in Ford Motor by 1.9% during the 2nd quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock worth $554,000 after acquiring an additional 843 shares during the last quarter. Pallas Capital Advisors LLC boosted its holdings in shares of Ford Motor by 2.9% in the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock worth $374,000 after buying an additional 846 shares during the last quarter. RB Capital Management LLC boosted its holdings in shares of Ford Motor by 2.9% in the 1st quarter. RB Capital Management LLC now owns 30,380 shares of the auto manufacturer’s stock worth $403,000 after buying an additional 857 shares during the last quarter. Finally, Freestone Capital Holdings LLC boosted its holdings in shares of Ford Motor by 5.0% in the 1st quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer’s stock worth $244,000 after buying an additional 875 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 2.7 %

Shares of F opened at $11.37 on Tuesday. The business’s 50-day moving average price is $10.84 and its 200-day moving average price is $11.67. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a market cap of $45.39 billion, a PE ratio of 11.72, a P/E/G ratio of 1.58 and a beta of 1.62. 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 announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.01). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the company earned $0.39 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. On average, equities analysts forecast that Ford Motor will post 1.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

F has been the topic of a number of research analyst reports. Evercore ISI raised shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Barclays cut their price target on shares of Ford Motor from $16.00 to $14.00 and set an “overweight” rating on the stock in a report on Tuesday, October 15th. Wolfe Research initiated coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average price target of $12.56.

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.