Quantinno Capital Management LP Sells 101,439 Shares of Ford Motor (NYSE:F)

Quantinno Capital Management LP lessened its position in Ford Motor (NYSE:F) by 44.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 127,704 shares of the auto manufacturer’s stock after selling 101,439 shares during the period. Quantinno Capital Management LP’s holdings in Ford Motor were worth $1,349,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Family Firm Inc. purchased a new stake in shares of Ford Motor in the 2nd quarter worth about $26,000. Quarry LP purchased a new stake in shares of Ford Motor in the 2nd quarter worth about $27,000. Ridgewood Investments LLC purchased a new stake in shares of Ford Motor in the 2nd quarter worth about $28,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor in the 2nd quarter worth about $30,000. Finally, MFA Wealth Advisors LLC purchased a new position in Ford Motor during the 2nd quarter valued at about $37,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Ford Motor stock opened at $10.40 on Friday. The company has a market cap of $41.33 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 1.91 and a beta of 1.62. The firm’s fifty day moving average is $10.85 and its 200 day moving average is $11.33. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.

Ford Motor (NYSE:F) last posted its quarterly earnings data 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 net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the previous year, the business posted $0.39 earnings per share. The business’s revenue was up 5.5% compared to the same quarter last year. Sell-side analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is presently 68.18%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on F shares. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Wells Fargo & Company reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft cut their target price on shares of 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, Barclays lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and an average price target of $12.08.

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.