Berson & Corrado Investment Advisors LLC Acquires 7,445 Shares of Ford Motor (F)

Berson & Corrado Investment Advisors LLC grew its position in shares of Ford Motor (NYSE:F) by 52.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,715 shares of the auto manufacturer’s stock after buying an additional 7,445 shares during the quarter. Berson & Corrado Investment Advisors LLC’s holdings in Ford Motor were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in Ford Motor by 1.0% during the second quarter. Vanguard Group Inc. now owns 264,421,059 shares of the auto manufacturer’s stock worth $2,958,871,000 after buying an additional 2,491,009 shares during the last quarter. BlackRock Inc. grew its stake in Ford Motor by 2.4% during the second quarter. BlackRock Inc. now owns 234,567,920 shares of the auto manufacturer’s stock worth $2,624,814,000 after buying an additional 5,562,630 shares during the last quarter. Franklin Resources Inc. grew its stake in Ford Motor by 5.7% during the second quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock worth $981,407,000 after buying an additional 4,706,379 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Ford Motor by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 39,609,473 shares of the auto manufacturer’s stock worth $474,123,000 after buying an additional 410,123 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Ford Motor by 7.6% during the third quarter. Bank of New York Mellon Corp now owns 35,817,086 shares of the auto manufacturer’s stock worth $428,730,000 after buying an additional 2,518,396 shares during the last quarter. 53.61% of the stock is currently owned by hedge funds and other institutional investors.

In other Ford Motor news, insider Steven R. Armstrong sold 10,752 shares of the stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the sale, the insider now directly owns 101,159 shares in the company, valued at $1,246,278.88. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Hau N. Thai-Tang sold 18,000 shares of the stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total transaction of $234,000.00. Following the completion of the sale, the insider now owns 14,358 shares in the company, valued at $186,654. The disclosure for this sale can be found here. Over the last quarter, insiders sold 47,752 shares of company stock worth $603,965. Company insiders own 1.08% of the company’s stock.

Shares of Ford Motor (NYSE F) traded down $0.05 during mid-day trading on Wednesday, reaching $13.03. 56,512,829 shares of the company’s stock were exchanged, compared to its average volume of 32,300,000. Ford Motor has a 1 year low of $10.47 and a 1 year high of $13.22. The company has a market capitalization of $51,760.00, a PE ratio of 11.85, a PEG ratio of 0.81 and a beta of 1.26. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.10. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The firm had revenue of $33.65 billion for the quarter, compared to analysts’ expectations of $32.80 billion. During the same period last year, the firm earned $0.26 earnings per share. The business’s revenue for the quarter was up .9% on a year-over-year basis. analysts forecast that Ford Motor will post 1.81 EPS for the current year.

F has been the topic of several research analyst reports. Zacks Investment Research raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Tuesday. Royal Bank of Canada reissued a “hold” rating and set a $14.00 price target on shares of Ford Motor in a research note on Wednesday, December 20th. ValuEngine raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Cascend Securities cut shares of Ford Motor to a “buy” rating in a research note on Tuesday, December 5th. Finally, Standpoint Research raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $12.62.

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Ford Motor Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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

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