Y Intercept Hong Kong Ltd Has $16.10 Million Holdings in Ford Motor Company $F

Y Intercept Hong Kong Ltd increased its position in Ford Motor Company (NYSE:F) by 18.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,346,042 shares of the auto manufacturer’s stock after purchasing an additional 210,358 shares during the quarter. Ford Motor makes up 0.4% of Y Intercept Hong Kong Ltd’s portfolio, making the stock its 27th biggest position. Y Intercept Hong Kong Ltd’s holdings in Ford Motor were worth $16,099,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in F. Mn Services Vermogensbeheer B.V. raised its holdings in Ford Motor by 1.2% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 1,477,300 shares of the auto manufacturer’s stock worth $17,669,000 after buying an additional 17,200 shares during the period. Deseret Mutual Benefit Administrators increased its position in shares of Ford Motor by 11.7% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 26,367 shares of the auto manufacturer’s stock worth $315,000 after purchasing an additional 2,754 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its stake in Ford Motor by 126.2% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 3,969,228 shares of the auto manufacturer’s stock valued at $47,472,000 after acquiring an additional 2,214,847 shares during the last quarter. UniSuper Management Pty Ltd grew its holdings in Ford Motor by 15.8% during the third quarter. UniSuper Management Pty Ltd now owns 385,109 shares of the auto manufacturer’s stock worth $4,606,000 after purchasing an additional 52,475 shares during the period. Finally, Teacher Retirement System of Texas increased its holdings in shares of Ford Motor by 178.0% during the 3rd quarter. Teacher Retirement System of Texas now owns 1,902,992 shares of the auto manufacturer’s stock worth $22,760,000 after acquiring an additional 1,218,544 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on F shares. The Goldman Sachs Group upped their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, September 29th. Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research report on Monday, December 22nd. Royal Bank Of Canada boosted their price target on Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a research note on Friday, October 24th. UBS Group upped their price objective on shares of Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Finally, Barclays raised their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $13.19.

Ford Motor Stock Performance

Shares of F opened at $13.57 on Friday. The company has a market capitalization of $54.05 billion, a price-to-earnings ratio of 11.69 and a beta of 1.62. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.50. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The stock has a 50 day moving average of $13.38 and a 200 day moving average of $12.41.

Ford Motor (NYSE:F) last released its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The firm had revenue of $50.53 billion for the quarter, compared to analysts’ expectations of $43.08 billion. During the same period in the previous year, the company earned $0.49 earnings per share. The company’s quarterly revenue was up 9.4% on a year-over-year basis. As a group, sell-side analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.