Ford Motor Company (F) January Sales Decline Year-Over-Year

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While last year was a big one for the U.S. auto industry, 2016 is starting out a bit slow, at least for Ford Motor Company (NYSE:F). Today the company reported their January sales numbers, which were a mixed bag of both positive and negative news for the auto giant. In January Ford Motor Company (NYSE:F) sold 173,723 vehicles in the United States. This equated to a 3% decline compared to January, 2015. With that said, each sale was worth more than last year.

“For Ford, overall transaction prices were up $1,800 in January – almost three times more than the overall industry average – driven largely by strong customer demand, especially for our SUVs and F-Series pickups,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service.

While total vehicle sales decreased 3% from a year ago, Ford’s SUV unit was a major success, tallying 50,212 sales last month, up 3% from a year ago. Despite the few bright spots, the stock is trading down $0.11 or 0.91% in the pre-market this morning. The stock increased 0.08% or $0.01 during the last trading session, hitting $12.08. About 23,285 shares traded hands. F has declined 21.62% since June 26, 2015 and is downtrending. It has underperformed the S&P500 by 12.76%.

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 164.32% above today’s ($12.08) 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 is 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 insider purchases, and 1 insider sale for a total of $1.26 million in net activity. Fleming John sold 91,576 shares worth $1.26M. 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 $47.90 billion. The Firm operates in two sectors: Automotive and Financial Services. It has 10.12 P/E ratio. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific divisions.