Intech Investment Management LLC Sells 650,949 Shares of Ford Motor (NYSE:F)

Intech Investment Management LLC decreased its holdings in shares of Ford Motor (NYSE:F - Free Report) by 59.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 436,767 shares of the auto manufacturer's stock after selling 650,949 shares during the quarter. Intech Investment Management LLC's holdings in Ford Motor were worth $4,324,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. raised its holdings in Ford Motor by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock valued at $1,278,153,000 after acquiring an additional 6,497,321 shares in the last quarter. Geode Capital Management LLC raised its holdings in Ford Motor by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer's stock valued at $863,009,000 after acquiring an additional 1,336,676 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Ford Motor by 2.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,347,303 shares of the auto manufacturer's stock valued at $257,108,000 after acquiring an additional 636,330 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in Ford Motor by 112.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 11,976,950 shares of the auto manufacturer's stock valued at $126,477,000 after acquiring an additional 6,348,185 shares in the last quarter. Finally, Swiss National Bank raised its holdings in Ford Motor by 0.7% in the 3rd quarter. Swiss National Bank now owns 11,639,886 shares of the auto manufacturer's stock valued at $122,917,000 after acquiring an additional 84,600 shares in the last quarter. Institutional investors own 58.74% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Barclays cut Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Evercore ISI dropped their target price on Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a report on Monday, February 10th. Bank of America dropped their target price on Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a report on Thursday, February 6th. Finally, Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and dropped their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $11.50.

Ford Motor Price Performance

NYSE F traded up $0.04 during trading hours on Friday, reaching $10.05. 240,589,038 shares of the company's stock were exchanged, compared to its average volume of 61,956,018. The stock has a market cap of $39.81 billion, a PE ratio of 6.88, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59. Ford Motor has a one year low of $9.06 and a one year high of $14.85. The firm has a fifty day moving average of $9.73 and a 200-day moving average of $10.30. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, equities research analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 5.97%. Ford Motor's payout ratio is 41.10%.

Ford Motor Company Profile

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.