Hantz Financial Services Inc. Sells 8,467 Shares of Ford Motor (NYSE:F)

Hantz Financial Services Inc. decreased its holdings in shares of Ford Motor (NYSE:F) by 2.2% in the fourth quarter, HoldingsChannel reports. The fund owned 371,119 shares of the auto manufacturer’s stock after selling 8,467 shares during the quarter. Hantz Financial Services Inc.’s holdings in Ford Motor were worth $3,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Quarry LP bought a new stake in shares of Ford Motor during the 2nd quarter valued at $27,000. Reston Wealth Management LLC purchased a new stake in Ford Motor in the 3rd quarter worth $33,000. Access Investment Management LLC purchased a new position in shares of Ford Motor in the third quarter valued at about $34,000. Modus Advisors LLC bought a new position in shares of Ford Motor in the fourth quarter worth about $34,000. Finally, Albion Financial Group UT grew its position in shares of Ford Motor by 38.5% during the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after purchasing an additional 1,000 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Trading Down 0.6 %

F stock opened at $10.15 on Friday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a market capitalization of $40.32 billion, a price-to-earnings ratio of 11.53, a price-to-earnings-growth ratio of 1.93 and a beta of 1.64. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm’s fifty day simple moving average is $10.24 and its two-hundred day simple moving average is $10.76.

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, topping 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 company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period in the prior year, the company posted $0.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, analysts anticipate that Ford Motor will post 1.77 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target 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.