Asahi Life Asset Management CO. LTD. Buys 4,700 Shares of Ford Motor (NYSE:F)

Asahi Life Asset Management CO. LTD. increased its stake in shares of Ford Motor (NYSE:F) by 14.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,480 shares of the auto manufacturer’s stock after acquiring an additional 4,700 shares during the quarter. Asahi Life Asset Management CO. LTD.’s holdings in Ford Motor were worth $396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Czech National Bank raised its holdings in Ford Motor by 6.5% during 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 last quarter. Claro Advisors LLC raised its stake in shares of Ford Motor by 333.6% during the third quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock valued at $625,000 after acquiring an additional 45,532 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Ford Motor by 1.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after purchasing an additional 59,082 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Ford Motor by 9.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,994,819 shares of the auto manufacturer’s stock worth $32,284,000 after purchasing an additional 266,256 shares during the last quarter. Finally, Brookstone Capital Management grew its stake in shares of Ford Motor by 8.5% in the third quarter. Brookstone Capital Management now owns 955,129 shares of the auto manufacturer’s stock worth $10,086,000 after purchasing an additional 75,193 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on F shares. Wells Fargo & Company cut their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Barclays decreased their price objective on shares of Ford Motor from $16.00 to $14.00 and set an “overweight” rating for the company in a report on Tuesday, October 15th. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Wolfe Research initiated coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.56.

Ford Motor Stock Up 2.0 %

Shares of Ford Motor stock traded up $0.22 on Monday, reaching $11.29. The company’s stock had a trading volume of 16,706,813 shares, compared to its average volume of 52,835,941. The company has a market capitalization of $45.07 billion, a price-to-earnings ratio of 11.64, 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 has a 52 week low of $9.49 and a 52 week high of $14.85. The firm’s fifty day simple moving average is $10.83 and its two-hundred day simple moving average is $11.68.

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.