Intech Investment Management LLC Reduces Holdings in Ford Motor (NYSE:F)

Intech Investment Management LLC lowered its holdings in shares of Ford Motor (NYSE:F - Free Report) by 12.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,087,716 shares of the auto manufacturer's stock after selling 160,379 shares during the quarter. Intech Investment Management LLC's holdings in Ford Motor were worth $11,486,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in F. Assenagon Asset Management S.A. increased its holdings in Ford Motor by 14,373.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer's stock worth $93,830,000 after acquiring an additional 8,824,000 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer's stock worth $453,732,000 after acquiring an additional 7,793,944 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Ford Motor by 456.9% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer's stock valued at $50,160,000 after buying an additional 3,281,800 shares in the last quarter. AQR Capital Management LLC grew its holdings in Ford Motor by 103.6% during the 2nd quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer's stock valued at $60,844,000 after buying an additional 2,497,695 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in Ford Motor by 1,215.6% during the 3rd quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer's stock valued at $28,444,000 after buying an additional 2,488,850 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on F. Deutsche Bank Aktiengesellschaft lowered their target price on Ford Motor from $11.00 to $10.00 and set a "hold" rating for the company in a research report on Wednesday, October 30th. Barclays lowered their target price on Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Tuesday, October 29th. Morgan Stanley downgraded Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Royal Bank of Canada reiterated a "sector perform" rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Evercore ISI upgraded Ford Motor to a "hold" rating in a research report on Friday, July 26th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Ford Motor has an average rating of "Hold" and a consensus price target of $12.02.

Ford Motor Stock Up 3.5 %

NYSE F traded up $0.38 during trading on Friday, hitting $11.18. The company's stock had a trading volume of 82,525,475 shares, compared to its average volume of 54,079,250. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The company has a market cap of $44.43 billion, a PE ratio of 12.52, a P/E/G ratio of 2.01 and a beta of 1.62. The business's 50 day simple moving average is $10.82 and its 200-day simple moving average is $11.47.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company's revenue was up 5.5% compared to the same quarter last year. On average, equities analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor's payout ratio is presently 68.18%.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.