Impact Partnership Wealth LLC Invests $489,000 in Ford Motor Company $F

Impact Partnership Wealth LLC bought a new stake in Ford Motor Company (NYSE:F) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 40,856 shares of the auto manufacturer’s stock, valued at approximately $489,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Capital Investment Advisors LLC lifted its position in shares of Ford Motor by 1.3% during the 3rd quarter. Capital Investment Advisors LLC now owns 64,112 shares of the auto manufacturer’s stock valued at $767,000 after acquiring an additional 824 shares during the period. Silverlake Wealth Management LLC raised its stake in Ford Motor by 1.7% in the 3rd quarter. Silverlake Wealth Management LLC now owns 48,085 shares of the auto manufacturer’s stock valued at $575,000 after purchasing an additional 827 shares during the last quarter. Perigon Wealth Management LLC lifted its stake in shares of Ford Motor by 2.4% during the third quarter. Perigon Wealth Management LLC now owns 35,686 shares of the auto manufacturer’s stock valued at $427,000 after buying an additional 851 shares during the period. Mather Group LLC. lifted its stake in shares of Ford Motor by 4.8% during the 3rd quarter. Mather Group LLC. now owns 19,316 shares of the auto manufacturer’s stock worth $231,000 after purchasing an additional 878 shares during the period. Finally, Advisors Capital Management LLC lifted its holdings in shares of Ford Motor by 7.1% during the 2nd quarter. Advisors Capital Management LLC now owns 13,428 shares of the auto manufacturer’s stock worth $146,000 after acquiring an additional 885 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

F has been the topic of a number of research reports. Jefferies Financial Group upgraded Ford Motor from an “underperform” rating to a “hold” rating and raised their price objective for the stock from $9.00 to $12.00 in a report on Monday, October 6th. Morgan Stanley upped their price objective on shares of Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a research report on Monday, December 8th. UBS Group increased their target price on Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Citigroup lifted their price target on Ford Motor from $11.00 to $13.50 and gave the stock a “neutral” rating in a research note on Monday, October 27th. Finally, Wells Fargo & Company lifted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $13.19.

Ford Motor Price Performance

F opened at $13.87 on Friday. The stock has a fifty day moving average of $13.48 and a 200-day moving average of $12.48. The company has a quick ratio of 0.98, a current ratio of 1.12 and a debt-to-equity ratio of 2.20. The firm has a market capitalization of $55.25 billion, a P/E ratio of 11.95, a PEG ratio of 5.92 and a beta of 1.62. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $14.50.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.