Ford Motor Company (F) Position Lifted by QS Investors LLC

QS Investors LLC increased its holdings in Ford Motor Company (NYSE:F) by 28.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 819,883 shares of the auto manufacturer’s stock after acquiring an additional 179,737 shares during the quarter. QS Investors LLC’s holdings in Ford Motor were worth $9,174,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Meadow Creek Investment Management LLC raised its position in shares of Ford Motor by 4.4% during the 1st quarter. Meadow Creek Investment Management LLC now owns 396,088 shares of the auto manufacturer’s stock worth $4,610,000 after purchasing an additional 16,544 shares during the period. Intrust Bank NA raised its position in shares of Ford Motor by 6.5% during the 1st quarter. Intrust Bank NA now owns 40,660 shares of the auto manufacturer’s stock worth $473,000 after purchasing an additional 2,473 shares during the period. Teza Capital Management LLC raised its position in shares of Ford Motor by 315.2% during the 1st quarter. Teza Capital Management LLC now owns 42,555 shares of the auto manufacturer’s stock worth $495,000 after purchasing an additional 32,306 shares during the period. Autus Asset Management LLC raised its position in shares of Ford Motor by 2.0% during the 1st quarter. Autus Asset Management LLC now owns 14,576 shares of the auto manufacturer’s stock worth $170,000 after purchasing an additional 285 shares during the period. Finally, Lbmc Investment Advisors LLC raised its position in shares of Ford Motor by 1.0% during the 1st quarter. Lbmc Investment Advisors LLC now owns 24,149 shares of the auto manufacturer’s stock worth $281,000 after purchasing an additional 239 shares during the period. Institutional investors and hedge funds own 54.35% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This article was first published by Community Financial News and is owned by of Community Financial News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.com-unik.info/2017/10/12/ford-motor-company-f-position-lifted-by-qs-investors-llc.html.

In related news, insider Hau N. Thai-Tang sold 25,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $11.50, for a total value of $287,500.00. Following the completion of the transaction, the insider now owns 76,358 shares of the company’s stock, valued at approximately $878,117. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Steven R. Armstrong sold 22,076 shares of the stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $12.37, for a total transaction of $273,080.12. The disclosure for this sale can be found here. Insiders have sold a total of 217,700 shares of company stock worth $2,486,044 in the last quarter. 1.08% of the stock is currently owned by company insiders.

Ford Motor Company (NYSE:F) opened at 12.38 on Thursday. The company has a market cap of $49.17 billion, a PE ratio of 13.03 and a beta of 1.12. The firm’s 50-day moving average is $11.64 and its 200-day moving average is $11.30. Ford Motor Company has a 52 week low of $10.47 and a 52 week high of $13.27.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.13. The business had revenue of $36.93 billion for the quarter, compared to analyst estimates of $37.22 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The firm’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter last year, the business posted $0.52 EPS. On average, analysts expect that Ford Motor Company will post $1.75 EPS for the current fiscal year.

A number of brokerages recently issued reports on F. Standpoint Research raised Ford Motor from a “hold” rating to a “buy” rating in a report on Wednesday, October 4th. FIG Partners reissued a “hold” rating on shares of Ford Motor in a report on Monday. TheStreet raised Ford Motor from a “c+” rating to a “b-” rating in a report on Thursday, October 5th. Vetr raised Ford Motor from a “hold” rating to a “buy” rating and set a $13.34 price objective for the company in a report on Wednesday, October 4th. Finally, ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $12.46.

Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

What are top analysts saying about Ford Motor Company? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Ford Motor Company and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit