Intech Investment Management LLC Has $3.10 Million Stock Holdings in Ford Motor Company $F

Intech Investment Management LLC decreased its holdings in shares of Ford Motor Company (NYSE:F) by 77.9% in the 4th quarter, HoldingsChannel reports. The firm owned 236,296 shares of the auto manufacturer’s stock after selling 834,499 shares during the period. Intech Investment Management LLC’s holdings in Ford Motor were worth $3,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in the business. Foundations Investment Advisors LLC lifted its holdings in Ford Motor by 4.0% during the 4th quarter. Foundations Investment Advisors LLC now owns 77,531 shares of the auto manufacturer’s stock valued at $1,017,000 after purchasing an additional 3,001 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in Ford Motor by 10.8% during the 4th quarter. Kingsview Wealth Management LLC now owns 170,725 shares of the auto manufacturer’s stock valued at $2,240,000 after purchasing an additional 16,632 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Ford Motor by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after purchasing an additional 1,255,349 shares during the last quarter. Syverson Strege & Co lifted its holdings in Ford Motor by 7.4% during the 4th quarter. Syverson Strege & Co now owns 26,632 shares of the auto manufacturer’s stock valued at $349,000 after purchasing an additional 1,832 shares during the last quarter. Finally, Flputnam Investment Management Co. lifted its holdings in shares of Ford Motor by 23.8% during the fourth quarter. Flputnam Investment Management Co. now owns 20,428 shares of the auto manufacturer’s stock worth $268,000 after buying an additional 3,930 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Down 2.9%

Shares of NYSE F opened at $16.14 on Wednesday. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. Ford Motor Company has a 52 week low of $9.89 and a 52 week high of $17.78. The stock has a market capitalization of $64.32 billion, a P/E ratio of -10.41, a PEG ratio of 0.36 and a beta of 1.79. The stock’s fifty day moving average is $12.82 and its 200 day moving average is $13.16.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The company had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. During the same quarter last year, the business earned $0.14 earnings per share. Ford Motor’s revenue was up 6.4% on a year-over-year basis. Sell-side analysts forecast that Ford Motor Company will post 1.61 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were given a $0.15 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.7%. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on F shares. Morgan Stanley reissued an “equal weight” rating and set a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Citigroup lifted their target price on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a report on Friday, March 27th. Finally, The Goldman Sachs Group dropped their target price on Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $14.20.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.