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MFG Wealth Management Cuts Ford Motor Position After Selling 93,277 Shares

Ford logoFord
Sig1.55Sen+1.20Env0.00Soc0.00Gov0.00

The institutional investor sold 93,277 shares, leaving it with 143,767 shares of Ford Motor. AQR Capital Management increased its stake to 11,177,304 shares, and SG Americas Securities boosted holdings to 9,002,765 shares. Jefferies upgraded Ford to buy and raised its target to $17.50, while Bank of America raised its target to $20.00 and gave a buy rating. Analysts project 1.86 EPS for the year; the dividend payout ratio is -32.09%.

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