Tokio Marine Asset Management Co. Ltd. Purchases 6,037 Shares of Ford Motor (NYSE:F)

Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Ford Motor (NYSE:F) by 5.3% during the 4th quarter, HoldingsChannel reports. The firm owned 119,928 shares of the auto manufacturer’s stock after acquiring an additional 6,037 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Ford Motor were worth $1,187,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in F. Assenagon Asset Management S.A. increased its position 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 valued at $93,830,000 after acquiring an additional 8,824,000 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its position in Ford Motor by 112.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer’s stock valued at $126,477,000 after acquiring an additional 6,348,185 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Ford Motor by 4.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock valued at $1,294,752,000 after acquiring an additional 5,270,562 shares during the last quarter. Worldquant Millennium Advisors LLC purchased a new stake in Ford Motor during the third quarter valued at $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec increased its position in Ford Motor by 420.2% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock valued at $63,812,000 after acquiring an additional 4,881,105 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on F. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Royal Bank of Canada restated a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and an average target price of $11.82.

Ford Motor Trading Down 1.7 %

F opened at $9.91 on Tuesday. The stock’s fifty day moving average is $10.21 and its two-hundred day moving average is $10.67. The company has a market capitalization of $39.37 billion, a P/E ratio of 11.26, a PEG ratio of 1.96 and a beta of 1.63. 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.

Ford Motor 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.