From MarketBeat:



Meridian Wealth Management LLC increased its stake in Ford Motor by 86.4% in the 3rd quarter. The fund owned 657,842 shares of the auto manufacturer’s stock after purchasing an additional 304,923 shares during the period. Several other institutional investors have also recently bought and sold shares of F. Ford Motor stock traded up $0.01 during trading hours on Monday, reaching $12.35.

Several brokerages have recently issued reports on F. StockNews.com began coverage on shares of Ford Motor in a report on Thursday, October 5th. They issued a “hold” rating for the company. The company’s stock has an average rating of “Hold” and a consensus price target of $14.02. Ford Motor recently declared a quarterly dividend, and insider John Douglas Field purchased 182,000 shares of the stock in a transaction on Friday, December 8th.

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. The company operates through various segments and sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers.

This news alert was generated by narrative science technology and financial data from MarketBeat, and reviewed by MarketBeat’s editorial team prior to publication.



Read more: Meridian Wealth Management LLC Buys 304,923 Shares of Ford Motor (NYSE:F)