Hantz Financial Services Inc. Reduces Stake in Ford Motor (NYSE:F)

Hantz Financial Services Inc. cut its holdings in shares of Ford Motor (NYSE:F) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 371,119 shares of the auto manufacturer’s stock after selling 8,467 shares during the period. Hantz Financial Services Inc.’s holdings in Ford Motor were worth $3,674,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Franklin Resources Inc. grew its holdings in shares of Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after acquiring an additional 336,720 shares during the period. Principal Financial Group Inc. boosted its position in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after purchasing an additional 160,409 shares in the last quarter. Worldquant Millennium Advisors LLC purchased a new stake in Ford Motor in the third quarter worth $55,456,000. CHURCHILL MANAGEMENT Corp bought a new position in Ford Motor in the fourth quarter worth $10,853,000. Finally, ING Groep NV lifted its position in Ford Motor by 93.4% during the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after buying an additional 570,293 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 0.6 %

Ford Motor stock opened at $10.15 on Friday. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The business’s fifty day moving average is $10.24 and its 200 day moving average is $10.76. 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 stock has a market capitalization of $40.32 billion, a PE ratio of 11.53, a price-to-earnings-growth ratio of 1.93 and a beta of 1.64.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter last year, the firm posted $0.39 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, sell-side analysts predict that Ford Motor will post 1.77 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.