SG Americas Securities LLC Sells 664,056 Shares of Ford Motor (NYSE:F)

SG Americas Securities LLC reduced its holdings in Ford Motor (NYSE:F) by 80.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 160,972 shares of the auto manufacturer’s stock after selling 664,056 shares during the quarter. SG Americas Securities LLC’s holdings in Ford Motor were worth $1,594,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in F. Assenagon Asset Management S.A. raised its stake in Ford Motor by 14,373.9% during 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 buying an additional 8,824,000 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in shares of Ford Motor by 112.8% during the third 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. Charles Schwab Investment Management Inc. raised its position in shares of Ford Motor by 4.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 122,609,058 shares of the auto manufacturer’s stock worth $1,294,752,000 after purchasing an additional 5,270,562 shares during the period. Worldquant Millennium Advisors LLC bought a new position in shares of Ford Motor in the 3rd quarter worth $55,456,000. Finally, Caisse DE Depot ET Placement DU Quebec grew its position in Ford Motor by 420.2% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 6,042,820 shares of the auto manufacturer’s stock valued at $63,812,000 after purchasing an additional 4,881,105 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on F. Barclays cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $13.00 to $11.00 in a report on Wednesday, January 22nd. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft cut their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $11.82.

Ford Motor Price Performance

Ford Motor stock opened at $10.38 on Tuesday. The firm has a market capitalization of $41.23 billion, a P/E ratio of 11.79, a PEG ratio of 1.93 and a beta of 1.64. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The business has a fifty day moving average price of $10.29 and a 200-day moving average price of $10.81.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating 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 business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the previous year, the firm earned $0.39 EPS. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities research analysts forecast that Ford Motor will post 1.77 EPS for the current year.

Ford Motor 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.