Trexquant Investment LP Sells 1,328,234 Shares of Ford Motor (NYSE:F)

Trexquant Investment LP lowered its stake in shares of Ford Motor (NYSE:F) by 47.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,484,093 shares of the auto manufacturer’s stock after selling 1,328,234 shares during the period. Trexquant Investment LP’s holdings in Ford Motor were worth $14,693,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in F. Townsquare Capital LLC raised its position in shares of Ford Motor by 8.9% in the 3rd quarter. Townsquare Capital LLC now owns 94,090 shares of the auto manufacturer’s stock valued at $994,000 after purchasing an additional 7,650 shares during the last quarter. Freedom Investment Management Inc. boosted its holdings in Ford Motor by 8.6% during the third quarter. Freedom Investment Management Inc. now owns 14,447 shares of the auto manufacturer’s stock worth $153,000 after buying an additional 1,142 shares in the last quarter. Public Sector Pension Investment Board grew its position in shares of Ford Motor by 9.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 167,712 shares of the auto manufacturer’s stock valued at $1,771,000 after acquiring an additional 14,600 shares during the period. Rockefeller Capital Management L.P. grew its holdings in Ford Motor by 4.3% in the third quarter. Rockefeller Capital Management L.P. now owns 270,298 shares of the auto manufacturer’s stock valued at $2,864,000 after purchasing an additional 11,248 shares during the period. Finally, Captrust Financial Advisors grew its stake in Ford Motor by 7.4% in the 3rd quarter. Captrust Financial Advisors now owns 345,362 shares of the auto manufacturer’s stock valued at $3,647,000 after acquiring an additional 23,717 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Down 1.1 %

Shares of NYSE:F opened at $9.92 on Wednesday. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85. The company’s fifty day moving average is $9.74 and its two-hundred day moving average is $10.27. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a market capitalization of $39.30 billion, a price-to-earnings ratio of 6.79, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping 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%. Equities analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders 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 annualized dividend and a dividend yield of 6.05%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Wall Street Analysts Forecast Growth

F has been the topic of several research analyst reports. Bank of America lowered their price objective on Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a report on Thursday, February 6th. Evercore ISI cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Wells Fargo & Company cut their target price on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Thursday, February 6th. Royal Bank of Canada reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average price target of $11.37.

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.