Ford Motor Company (F) Sells 239,242 Vehicles in the US in December, Up 8% Versus Last Year

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Ford Motor Company (NYSE:F) today reported that sales of vehicles in the United States were up 8% this December when compared to a year ago. While analysts were expecting an 11% rise is sales, the company still put out solid numbers. In fact their annual sales of 2,613,162 vehicles represents the company’s best year since 2007.

“December capped off six straight months of year-over-year sales gains for F-Series, with strong increases coming from both retail sales and the strength of commercial fleet orders, as we closed out 2015,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “Ford-brand SUVs delivered their best sales results in more than a decade, with our newest SUVs leaving dealer lots in a matter of days.”

The company saw the large gains within their lineup of SUVs where sales increased by 13% this December when compared to December of 2014. The Ford (NYSE:F) Fusion also saw brisk sales numbers, increasing by 15 percent at retail (10% overall). The stock increased 0.14% or $0.02 during the last trading session, hitting $13.99. About 22,330 shares traded hands. F has declined 9.05% since June 1, 2015 and is downtrending. It has underperformed the S&P500 by 6.04%.

From a total of 5 analysts covering F&M Bank (NYSE:F) stock, 4 rate it a “Buy”, 0 a “Sell”, and 1 a “Hold”. This means that 80% of the ratings are positive. The highest target price is $119 while the lowest target price is $16.44. The mean of all analyst targets is $31.93 which is 128.23% above today’s ($13.99) stock price. F&M Bank was the topic of 8 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on October 28 with a “Buy” rating. S&P Research maintained F stock in a recent report from September 25 with a “Strong Buy” rating. Finally, Compass Point initiated the stock with a “Neutral” rating in a report they issued on an August 7.

The institutional sentiment decreased to 1.11 in Q2 2015. It’s down 0.03, from 1.14 in 2015Q2. The ratio turned negative, as 67 funds sold all their Ford Motor Company shares they owned while 361 reduced their positions. 82 funds bought stakes while 391 increased their total positions. Institutions now own 2.26 billion shares which is 2.80% more than the previous share count of 2.20 billion in 2015Q2.

Vantage Investment Partners Llc holds 37.57% of its total portfolio in Ford Motor Company, equating to 9.12 million shares. Western Asset Management Co owns 1.13 million shares representing 13.41% of their total US portfolio. Moreover, Evercore Trust Company N.A. has 11.51% of their total portfolio invested in the company, equating to 219.80 million shares. The Missouri-based Terril Brothers Inc. has a total of 8.38% of their portfolio invested in the stock. Athena Global Investors Llc, a Virginia-based fund reported 516,520 shares owned.

Since March 23, 2015, the stock had 0 buys, and 1 sale for a total of $1.26 million in net activity. Fleming John sold 91,576 shares worth $1.26 million. Schoch David L. sold 14,903 shares worth $221,783. Leitch David G sold 140,000 shares worth $2.10 million. Rowley Stuart J. sold 12,000 shares worth $197,688.

Ford Motor Company manufactures or distributes automobiles across six continents. The company has a market cap of $55.44 billion. The Firm operates in two sectors: Automotive and Financial Services. It has 11.72 P/E ratio. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific divisions.

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